Paytm at near 6-month high
August 09, 2022 00:00:00
BENGALURU, Aug 8 (Reuters): Shares of Indian digital payments firm Paytm jumped more than 6 per cent on Monday to their highest levels in nearly six months, after the company's parent firm One 97 Communications Ltd posted an 89 per cent surge in its quarterly revenue.
Higher number of monthly users, additional payment devices and more disbursal of loans lifted the company's revenue to 16.8 billion rupees ($211.16 million), from 8.91 billion rupees last year.
