Business
Paytm maintains strong growth momentum during Q3 of Fiscal 2022
- 2.7 million loan disbursals through its platform (y-o-y up 414%),
- Rs. 13.2 billion ($178 million) of loan disbursal value (y-o-y up 375%),
- 0.3 million merchant devices (deployed base up by 1.1 million y-o-y), and
- 129% y-o-y growth in GMV and 36% y-o-y growth in MTU
- In Q2, Paytm’s revenue from operations achieved steady growth to ₹10,896 million, an increase of 64% year-on-year.
Contribution profit surges to ₹2,605 million, an increase of 586% over the previous year and Monthly Transacting Users grew by 33% year-on-year to 57.4 million