DelhiDesk Paytm’s shares have surged ahead of the company’s Q4 results announcement, with several brokerages predicting strong results. Goldman Sachs expects 49% revenue growth and a 10% adjusted EBITDA margin in the March quarter, which would mark a 3% margin (excluding estimated UPI incentives) compared with minus 24% in the year-ago quarter. Yes Securities expects a 17.8% QoQ growth in revenue from operations to INR24.3bn ($324m) but looks at EBITDA and net loss contracts for the period. Citi estimates Paytm’s revenue at INR22.74bn, up 48% YoY and 10% QoQ, while its GMV is INR3.62bn, up 40% YoY and 5% QoQ.
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Here is the news bullets sorted by DelhiBreakings.com team.
– Shares of Paytm have surged due to expected strong Q4 results
– Goldman Sachs predicts 49% revenue growth and 10% adjusted EBITDA margin
– Paytm recorded gross merchant value of Rs 3.6 lakh crore and could account for 24% of digital payments in India
– Yes Securities expects overall revenue growth of 17.8% quarter-on-quarter to Rs 2,430 crore
– Citi estimates revenue at Rs 2,274 crore, up 48% YoY and 10% QoQ, and GMV at Rs 362 crore
– Paytm is expected to report adjusted EBITDA of Rs 86.6 crore in Q4FY23, a 177% QoQ growth
– UPI payment will be charged 1.1% interchange fee
– EBITDA margin seen at 4% on QoQ basis, up 230 bps
– English summary states that brokerages expect strong Q4 results for Paytm
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