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    PAYTM   INE982J01020

ONE97 COMMUNICATIONS LIMITED

(PAYTM)
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Delayed NSE India Stock Exchange  -  07:23 2022-08-17 am EDT
784.70 INR   +0.10%
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India's Paytm quarterly net loss widens to 6.45 billion rupees

08/05/2022 | 12:30pm EDT
FILE PHOTO: Paytm app is seen on a smartphone in this illustration

NEW DELHI (Reuters) - India's digital payments firm Paytm on Friday reported a wider first-quarter net loss as expenses related to marketing and employee benefits rose, the company said in a stock exchange filing.

The company's parent firm One 97 Communications Ltd posted a consolidated net loss of 6.45 billion Indian rupees ($81.28 million) for the quarter ended June 30, compared with a loss of 3.81 billion rupees a year earlier.

Total income, however, rose nearly 88% to 17.81 billion Indian rupees.

(Reporting by M. Sriram; Editing by Kirsten Donovan)


© Reuters 2022
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Financials
Sales 2023 77 628 M 978 M 978 M
Net income 2023 -22 758 M -287 M -287 M
Net cash 2023 54 270 M 684 M 684 M
P/E ratio 2023 -23,3x
Yield 2023 -
Capitalization 509 B 6 413 M 6 413 M
EV / Sales 2023 5,86x
EV / Sales 2024 4,50x
Nbr of Employees 17 964
Free-Float 35,3%
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Mean consensus HOLD
Number of Analysts 11
Last Close Price 784,70 INR
Average target price 910,73 INR
Spread / Average Target 16,1%
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Managers and Directors
Vijay Shekhar Sharma Chairman, CEO & Managing Director
Madhur Deora President, Chief Financial Officer & Director
Manmeet Singh Dhody Chief Technology Officer-Payments
Abhishek Rajan Chief Operating Officer
Deepankar Sanwalka President-Operations & Compliance
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