Paytm’s Q1 profit beat prompts Goldman Sachs and Citi to raise target prices
One97 Communications posted ₹220 crore Q1 net profit and record EBITDA of ₹203 crore, led by merchant GMV, payments and financial services. Goldman Sachs raised its target to ₹1,500 and Citi to ₹1,560, with margin expansion, loan distribution and potential UPI monetisation seen as next triggers.
Paytm beat Q1 estimates with Rs 220 crore profit and record Rs 203 crore EBITDA, driven by merchant GMV, payments and financial services. Goldman Sachs and Citi raised targets, citing market-share gains, loan distribution, lower cloud costs and potential UPI MDR monetisation.
Why this matters
No related recent Paytm signals were provided; the Q1 result sets a new reference point for margin expansion, loan distribution and potential UPI monetisation.
Retail-company signals are accelerating, up +938200% QoQ.