Paytm Rebounds, Returns to Profit

  Published 8 months ago

Paytm posts first profit since Sept 2024 on strong lending growth and cost control; Jefferies upgrades stock to “buy.”

  • Jefferies cites improved core business and recovery from 2024 setbacks; praises momentum rebuild.
  • Emkay sees strong execution in merchant acquisition, soundbox adoption, and loan distribution strategy.
  • Motilal Oswal expects sustained disbursement growth backed by favorable trends in unsecured lending.

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