Paytm Q1 FY 2025 reports operating revenue of Rs 1,502 Cr; Merchant Payment Metrics Rebound, Consumer Metrics Stable
Revenue and profitability to improve, driven by growth in operating metrics including GMV, an expanding merchant base, recovery in loan distribution business and continued focus on cost optimization
Accelerating merchant reactivation and new sign-ups resulting in increase in merchant subscriber base to 1.09 Cr, with new merchant sign-ups and daily GMV rebounding to January levels
Customer base has stabilized to 7.8 Cr; GMV per customer increasing
Driving monetization by distribution of loans, wealth products and insurance