Q1FY24

Paytm, India's leading payments and financial services company and the pioneer of QR and mobile payments, has announced Q1FY24 results where it has reported a massive improvement in EBITDA before ESOP cost of ₹84 Cr as compared to ( ₹275 Cr) in Q1 FY 2023. The company's revenue from operations has seen a growth of 39% YoY to ₹2,342 Cr.The company's EBITDA before ESOP margin stood at 4% on the account of continuous surge in profitability due to robust revenue growth, increasing contribution margin and operating…

Coforge a global IT solutions organization, has released its financial results for the quarter ending on June 30, 2023 (Q1FY24), showcasing robust performance despite industry challenges.Financial Highlights for Q1FY24:During the quarter, the company reported a revenue of INR 22,210 million and US$ 271.8 million, representing a Q-o-Q increase of 2.7% and a Y-o-Y increase of 18.4% in constant currency (CC) terms. In USD terms, revenue increased by 2.8% Q-o-Q and 13.9% Y-o-Y, while in INR terms, it rose by 2.4% Q-o-Q and…