![]() ![]() NPCI's wallet interoperability guidelines are expected to allow Full KYC Paytm Wallet to be universally acceptable on all UPI QRs and online merchants. Read here: Equitas SFB reports highest ever PAT of ₹190 cr in Q4, quarterly disbursement rises 80% YoY declares dividend Since the launch of its UPI Lite platform in February 2023, Paytm has already onboarded 55 lakh customers. We are prepared to capitalise on these opportunities by bringing innovative products to our customers." In its statement, Paytm said, "The growth of UPI and other mobile payment methods presents a wealth of untapped opportunities. ![]() The company's contribution margin improved from 30% in FY 2022 to 49% in FY 2023, due to improved payments profitability, and growth in the high margin loan distribution business.įY23 net loss narrowed to ₹1,776.5 crore versus ₹2,396.4 crore in FY22.Īs the company steps into FY24, the company sees long-term potential for revenue growth and profitability across payment and lending businesses. ![]() Paytm reported that the average ticket size for personal loans is currently at approximately ₹130,000 with an average tenure of 15 months.įor full-year FY23, the company's revenue growth stood at 61% YoY to ₹7,990 crore driven by payments monetization and the growing scale of our loan distribution business. More than 85% of the value disbursed this quarter was to merchants with a payment device provided by the fintech platform. Read here: Marico Q4 results: Consolidated PAT up 19% to ₹305 crore, single-digit revenue growth Gross Merchandise Value (GMV), which stood at ₹3.62 lakh crore for Q4 FY 2023, saw an increase of 40% YoY.Īdditionally, in Q4FY23, the number of merchant loans disbursed grew 258% YoY for the latest quarter, while the value of merchant loans grew 309% YoY to ₹2,313 crore according to the financial statement of Paytm. Also, due to sustained improvement in contribution profit and operating leverage, Paytm achieved EBITDA before ESOP valued at ( ₹176 crore) and further reported improved EBITDA by ₹602 crore YoY.įurthermore, subscription services for payment devices, such as Soundbox and POS machines, witnessed an increase in adoption, with 68 lakh merchants paying subscriptions for these devices as of March 2023, more than doubling from 29 lakh as of March 2022. ![]()
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