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Goldman expects Paytm to hit profitability in March quarter, stock to double
Goldman expects Paytm to hit profitability in March quarter, stock to double
"Paytm’s FY23 lending volumes are tracking 90% higher than our earlier estimates, and this, coupled with stronger payment margins, has resulted in the company’s profitability continuing to surprise to the upside," Goldman said in a report.
"Paytm’s FY23 lending volumes are tracking 90% higher than our earlier estimates, and this, coupled with stronger payment margins, has resulted in the company’s profitability continuing to surprise to the upside," Goldman said in a report.