The Sensex and Nifty are set to open higher on the first day of the May F&O series, following strong cues from global peers and positive trends at SGX Nifty futures.
Paytm has maintained the growth momentum in the payments services business, expanded financial services business aggressively and are on the way to pre-pandemic volumes for Commerce and Cloud service.
Net profit rose 4.5% to ₹1,757 crore on the back of growth in net interest income. Profit did not meet analysts’ estimates but the bank saw a marginal improvement in asset quality.
The Bengaluru-based company expects revenue from its IT services business to rise by up to 2% y-o-y in the March quarter, announces interim dividend of ₹1 per equity share.