Paytm posts Q2 results, Op. revenue up by 64 –pc to Rs 10.9 bn

New Delhi Paytm, India's top digital ecosystem for consumers and merchants, has reported its second-quarter earnings. In Q2 FY 2022, the digital payments and financial services platform's revenue from operations increased by 64 percent Year-on-Year to Rs 10.9 billion, owing to a 52 percent increase in non-UPI payment volumes (GMV) and a more than 3-fold increase in financial services and other revenue.

In Q2 FY 2022, the company's contribution profit increased by 592 percent year on year to Rs 2.6 billion. From 5.7 percent the previous year, the contribution margin increased to 24.0 percent of revenue.

Paytm's Adjusted EBITDA margin improved to (39 percent) of revenues in Q2 FY 2022 (Rs 4,255 million), up from (64 percent) in Q2 FY 2021 (Rs 4,267 million), because to greater investments in technology and merchant base development.

"Continued payments revenue growth has been driven by non-UPI GMV growth, and our UPI-led payment volume growth is resulting in a considerable expansion of our financial services offering." We are accelerating the penetration and general use of digital payments and financial services in India.

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