Paytm’s parent company One 97 Communications has released the results for the third quarter (Q3) of the financial year 2025-26. The consolidated net profit of the company has increased to Rs 225 crore on annual basis. The company had suffered a loss of Rs 208 crore in the same quarter last year. The company’s revenue has also increased by 20% on an annual basis to ₹ 2,194 crore. It was Rs 1,828 crore in the same quarter last year. However, despite these strong results, the sentiment towards the company in the stock market appeared a bit weak and today its shares slipped by about 3%. Paytm said in its exchange filing that there has been good growth in the company’s operational income during the October-December quarter. The company says that this increase in revenue has been seen due to the expansion of payment business and financial services. Paytm’s profit in Q3FY26 stood at ₹225 crore YoY on quarterly basis Note: Figures are in Rs crore. Why did shares fall after such good results? Despite the results being better than expected, selling of Paytm stock was seen in the stock market. Market experts believe that after the rise in shares in the last few days, investors have done ‘profit booking’. As soon as trading started in the morning, the shares opened in the red and at one time they were trading 5% down. The market expected the company to probably reach close to break-even (no loss, no profit) this quarter, but investors turned cautious as losses continued. The biggest relief for the company is the increase in gross merchandise value by 40% and the increase in its platform usage. The value of total transactions through Paytm i.e. Gross Merchandise Value (GMV) has registered a growth of more than 40% on an annual basis. The number of merchant subscriptions has also now crossed the 1 crore mark. The company’s focus is now on generating revenue from devices like soundboxes and card machines. Signs of slowdown in loan distribution business: After RBI’s strictness on unsecured loans (loans without guarantee), there has been a slight slowdown in Paytm’s loan distribution business. The company claims that they are focusing on high-quality loans. However, the pace of loan growth has slowed down a bit compared to the last few quarters. The management said that they are now focusing more on personal loans and merchant loans instead of postpaid loans. Analysts’ opinion regarding the future of Paytm: The opinion of market analysts is divided regarding the future of Paytm. Global brokerage houses like Goldman Sachs and JP Morgan have praised the company’s revenue growth, but advised to be cautious about regulatory challenges. Some experts believe that if the company reduces its losses further in the next two quarters, then the stock can see recovery again. Also read this news… Sensex fell by 296 points to 82,269: Nifty fell by 98 points; Selling in metal and IT shares, buying in FMCG, the stock market fell today on January 30, two days before the budget. Sensex fell 296 points (0.36%) and closed at 82,269. Nifty also declined by 98 points (0.39%), closing at 25,320. Metal shares are the most broken. There was buying in FMCG. There was pressure on Nifty Bank index also. It has fallen 347 points (0.58%) to the level of 59,610. At the same time, experts believe that there is still scope for further growth in Nifty and it can go up to the level of 25,600. 25,450 is the first level to keep an eye on. Read this news also…
Source link
[ad_3]
Daily Latest News