Paytm’s Parent Firm Witnesses Strong Revenue Momentum With 42 Percent YoY Growth
One97 Communications, which owns the payments and financial services platform Paytm, continue to witness strong revenue momentum across its business verticals.The fintech firm on Friday reported its revenue from operations increased to Rs. 2,062 crore, a growth of 42 percent on a yearly basis and 8 percent on a quarterly basis.The company's EBITDA before ESOP cost stood at Rs. 31 crore with EBITDA before ESOP margin at 2 percent of revenues as compared to (27 percent) a year ago, it said.The performance, it said, is…