Paytm slips 4% as Rs 930 cr Q2 profit from one-time gain fails to impress
Tue, Oct 22, 2024 11:59 AM

Paytm slips 4% as Rs 930 cr Q2 profit from one-time gain fails to impress

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Shares of Paytm parent One 97 Communications fell up to 4 percent on October 22 after the company reported September quarter results. The Vijay Shekhar Sharma-led firm clocked a net profit of Rs 930 crore in Q2FY25, compared to a net loss of Rs 290.5 crore during the same period last year. However, this turnaround was on account of a one-time gain of Rs 1,345 crore.

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