Sorry, A Bit Late...: Zomato Founder's Tweet After Paytm's Surprise Operating Profit
NDTV
Paytm' stock rose as much as 7.4% yesterday, its biggest intraday jump in two months after the firm posted its first-ever quarterly operating profit as a listed firm.
As shares of One 97 Communications, the parent Firm of Paytm, rose after the company's December quarter earnings performance, Zomato CEO (Chief Executive Officer ) Deepinder Goyal congratulated Paytm founder Vijay Shekhar Sharma on Twitter. Congratulations, @vijayshekhar and @Paytm on becoming profitable.Sorry, a bit late to the party – was so busy working on our own profitability ;-)
The message of support comes after a tough 2023 for Paytm where its stock had dipped to a yearly low of Rs 441 in the month of November.
Deepinder Goyal mentioned that he was working on improving Zomato's margins.
Paytm' stock rose as much as 7.4% yesterday, its biggest intraday jump in two months after the firm posted its first-ever quarterly operating profit as a listed firm.
