{"id":4578,"date":"2024-10-22T11:13:24","date_gmt":"2024-10-22T05:43:24","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=4578"},"modified":"2024-10-22T11:13:26","modified_gmt":"2024-10-22T05:43:26","slug":"paytm-posts-rs-930-crore-q2-profit-boosted-by-ticketing-business-sale-to-zomato","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/paytm-posts-rs-930-crore-q2-profit-boosted-by-ticketing-business-sale-to-zomato\/","title":{"rendered":"Paytm Posts Rs 930 Crore Q2 Profit, Boosted by Ticketing Business Sale to Zomato"},"content":{"rendered":"\n<p>On Tuesday, a parent company of the fintech giant Paytm, One97 Communications Ltd, reported a net profit of Rs 930 crore for the quarter to September 30, 2024, on the back of a one-time gain of Rs 1,345 crore regarding the sale of its entertainment ticketing business to Zomato. For the same period last year, the company reported a net loss of Rs 279 crore.<\/p>\n\n\n\n<p>Despite the positive earnings, Paytm&#8217;s shares traded nearly 5% lower at Rs 691 apiece by 10:50 am on October 22.<\/p>\n\n\n\n<p><em>Do&nbsp;you have a news tip for Lakshmishree reporters? Please email us at&nbsp;<\/em>media@lakshmishree.com<\/p>\n\n\n\n<p><sub><sup>Source:\u00a0<a href=\"https:\/\/www.moneycontrol.com\/news\/business\/earnings\/paytm-reports-rs-930-crore-profit-in-q2-on-gains-from-ticketing-business-sale-12847387.html\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.moneycontrol.com\/news\/business\/earnings\/paytm-reports-rs-930-crore-profit-in-q2-on-gains-from-ticketing-business-sale-12847387.html\" rel=\"noreferrer noopener\">Moneycontrol<\/a><\/sup><\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Tuesday, a parent company of the fintech giant Paytm, One97 Communications Ltd, reported a net profit of Rs 930 crore for the quarter to September 30, 2024, on the back of a one-time gain of Rs 1,345 crore regarding the sale of its entertainment ticketing business to Zomato. For the same period last year, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4579,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[50],"tags":[554],"class_list":["post-4578","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-indian-market","tag-paytm-q2"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4578","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=4578"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4578\/revisions"}],"predecessor-version":[{"id":4580,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4578\/revisions\/4580"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/4579"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=4578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=4578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=4578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}