Loan Distribution Of Paytm Jumps 357% In December 2022, Titan, Kalyan Jewellers Records Good Q3

Описание: Paytm's parent company One97 Communications, disbursed 3.7 lakh crore loans during December 2022, implying a 117 percent growth from December 2021, according to the fintech company's regulatory filing on Monday. For the October-December quarter, the cumulative loans grew by one crore, 11 percent, from the September quarter 2022.

Meanwhile, Titan on Friday said that the firm saw healthy consumer demand due to festive season which resulted in 12 per cent growth in combined sales on year basis in the December quarter.

Also, Kerala-based Kalyan Jewellers, which runs a chain of jewellery showrooms across India and the Middle East, on Saturday reported consolidated revenue growth of 13% YoY in the December quarter. The company is yet to declare its full quarterly results.


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