iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Paytm zooms ~2% on robust operating performance for April-May 2022; loan disbursals jump ~6 times

15 Jun 2022 , 10:52 AM

One 97 Communications Limited (Paytm) has announced its operating performance for the month of April-May 2022.

The company stated that its lending business witnessed rapid growth, with 5.5 million loan disbursals during April-May 2022, registering a growth of 471% yoy. The total disbursals sum up to a loan value of Rs3,576 crore ($476 million) in the first two months of the current quarter. The company is also witnessing increases in average ticket size as the personal loan business scaled up in particular.

Paytm’s leadership continues in Offline Payments with 3.4 million devices deployed as of May 2022.

User Engagement on Paytm Super App continues to see robust growth with average monthly transacting users (MTU) at 74.30 million for the two months ended May 2022, up by 48% yoy.

The merchant GMV processed through the company’s platform for April-May 2022 aggregated to approximately Rs1.96 lakh crore ($26.2 billion), clocking a growth of 105% yoy.

Paytm’s counter is currently trading at Rs615.10 up by Rs8.7 or 1.43% from its previous closing of Rs606.40 on the BSE. The scrip opened at Rs616 and has touched intraday high and low of Rs624 and Rs613 respectively.

Related Tags

  • One97News
  • One97Performance
  • One97Stock
  • One97StockNews
  • One97StockPrice
  • One97Updates
  • PaytmMay2022
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.