Paytm’s Q1 Show, NVIDIA’s New GPU Game Plan & More
Paytm reported a nearly 79% year-on-year profit increase to ₹220 crore for Q1 FY27, driven by strong revenue growth in its payments and financial services sectors. Operating revenue rose 27.6% to ₹2,448 crore, while EBITDA soared 182% to ₹203 crore, attributed to enhanced merchant payments and AI deployment. Despite this success, the board rejected a proposal for bonus shares, opting instead to invest ₹100 crore in Paytm Money through a rights issue.