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Paytm Q4 Results Review: Path To Ebitda Positive By FY27 On Track, Says Motilal Oswal Maintaining 'Neutral'
Motilal Oswal reiterates Neutral stance on Paytm with a target price of Rs 870.
07 May 2025, 08:33 AM IST 
Paytm reported a net loss of Rs 5.45 billion (vs our estimated loss of Rs 1.1 billion), driven by higher charges toward accelerated ESOP expenses.
(Photographer: Vijay Sartape/ Source: NDTV Profit)
Paytm reported a net loss of Rs 5.45 billion (versus our estimated loss of Rs 1.1 billion), driven by higher charges toward accelerated ESOP expenses. Revenue from payments increased 4% QoQ to Rs 10.5 billion, while revenue from financial services increased 9% QoQ to Rs 5.5 billion, driven by improved take rates from DLG loans.
