Citi, CLSA, and Goldman Sachs have recommended to buy the share post-Q3FY23 earnings, while Bank of America (BofA) maintained its 'neutral' rating. Goldman believes that Paytm's current share price continues to offer a compelling entry point into India's largest fintech platforms.
According to a company statement shared with the exchanges on Monday, sales rose 14.53 per cent to Rs 217.64 crore in the quarter ended December 2022, against Rs 190.03 crore during the previous quarter ended December 2021.
In its earnings report published today, the airline operator attributed the rise in profits to robust demand for air travel - after Covid restrictions.
The company said its operating profit in the reviewed quarter jumped 50.1 per cent to Rs 8,232 crore, against Rs 5,483 crore in the corresponding period a year ago.
Paytm is expected to share its third quarter or December quarter (Q3FY23) earnings on Friday, where analysts expect the company to announce strong revenue growth with reduction in adjusted earnings before interest, taxes, depreciation, and amortization (Ebitda) losses.
Chandigarh/ Ludhiana (Punjab) [India], February 2 (ANI/SRV): Trident Limited, a vertically integrated Textile (Yarn, Towel & Bedsheets) and Paper (Wheat-Straw based) & Chemical manufacturer announced its financial results for the quarter that ended December 31, 2022.
Ahmedabad (Gujarat) [India], February 2 (ANI/NewsVoir): The Board of Directors of MAS Financial Services Limited (MAS Financial) (BSE: 540749, NSE: MASFIN), specialized in MSME financing, announced today the unaudited financial results for the quarter ended 31st December, 2022.
Noida (Uttar Pradesh) [India], February 1 (ANI/NewsVoir): Quint Digital Media Limited (QDML) recorded total operating revenues of Rs 18.47+ crore for Q3 of FY23, witnessing a growth of 26 per cent+ over the previous year (consolidated operating revenues stood at Rs 14.65 crore in Q3 FY22).
Noida (Uttar Pradesh) [India], February 1 (ANI/NewsVoir): Max Financial Services Limited (MFSL) today announced its financial results for the third quarter (Q3) and nine months (9M) of the financial year of FY23. In the 9MFY23, MFSL reported consolidated revenues of Rs 21,497 Crore, 3 per ce
Pune (Maharashtra) [India], February 1 (ANI/BusinessWire India): KPIT Technologies (NSE: KPITTECH BSE: 542651), a leading partner for accelerating the transformation towards Software-Defined Vehicle to the automotive and mobility industry announced financial results for Q3 FY23 results today