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Paytm reported a 79% year-on-year jump in net profit to Rs 220 crore for Q1 FY27, with operating revenue up 27% to Rs 2,448 crore. The results confirm sustained profitability after the company returned to the black in FY26 following regulatory setbacks.
Razorpay is set to confidentially file IPO papers in the coming weeks, targeting $600, 700 million at a $5, 6 billion valuation. That is a significant cut from its peak of $7.5 billion, reflecting broader startup valuation corrections. The issue will include a mix of fresh shares and secondary sales.
Tag
Paytm reported a 79% year-on-year jump in net profit to Rs 220 crore for Q1 FY27, with operating revenue up 27% to Rs 2,448 crore. The results confirm sustained profitability after the company returned to the black in FY26 following regulatory setbacks.
1mo ago · 3 min · Business
Razorpay is set to confidentially file IPO papers in the coming weeks, targeting $600, 700 million at a $5, 6 billion valuation. That is a significant cut from its peak of $7.5 billion, reflecting broader startup valuation corrections. The issue will include a mix of fresh shares and secondary sales.
4mo ago · 1 min · Markets
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