Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
PayU India turns Ebitda positive in Jul-Sep
Mint Kolkata
|November 25, 2025
ayment services provider PayU India turned profitable in the September quarter, with adjusted Ebitda turning positive at $3 million from a loss of $6 million a year ago largely due to a growth in its merchant-lending business.
The Prosus-backed firm's Ebitda margin rose 400 basis points to 1%, Ebitda is earnings before interest, taxes, depreciation and amortization. PayU's revenue in the quarter rose to $214 million, up 21% from a year ago and 17% sequentially.
The finances were reported in Dutch investor Prosus' half-yearly update on Monday.
Prosus’s latest India disclosures attribute much of this to PayU's merchant lending arm, whose assets under management increased from $25 million meant to deepen usage and support growth.
Denne historien er fra November 25, 2025-utgaven av Mint Kolkata.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Kolkata
Mint Kolkata
For a weakened Zelensky, yielding to Trump is riskier than defiance
Buffeted by a corruption scandal that has sparked fury across Ukraine, President Volodymyr Zelensky is in political trouble at home, weaker than at any point since the full-scale Russian invasion of his country began nearly four years ago.
5 mins
November 25, 2025
Mint Kolkata
Tesla vs Tesla: HC grants protection to Musk’s company
The Delhi High Court on Monday granted interim protection to Elon Musk-led Tesla Inc. in its trademark infringement case with Gurugram-based Tesla Power India Pvt. Ltd.
1 mins
November 25, 2025
Mint Kolkata
AI bond flood adds to market pressure
their hype; even a ratings downgrade can hurt returns, let alone a default.
3 mins
November 25, 2025
Mint Kolkata
What went into quadrupling Jio Payments Bank's footprint
Jio Payments Bank Ltd is aggressively expanding its sales network to catch up with market leader Airtel Payments Bank, with the aim of using this wider reach to acquire customers for its more profitable financial products.
2 mins
November 25, 2025
Mint Kolkata
Govt plans reform push in winter session
The government is preparing to push a packed reform agenda through parliament's short winter session that will start 1 December, with 15 sittings scheduled to clear major legislations tied to crucial issues, including ease of doing business, regulatory consolidation, foreign investment, and sectoral reforms.
1 mins
November 25, 2025
Mint Kolkata
Page Industries scouts for missing piece of comeback puzzle
Page Industries Ltd has been struggling with muted growth.Its thrust on operational efficiencies, calibrated distribution expansion and new product launches is yet to reignite the dwindling investor faith.
1 mins
November 25, 2025
Mint Kolkata
SIM misuse risk falls on users
Mobile subscribers may be held liable if a SIM card procured in their name is found to have been misused for cyber fraud or other illegal activities, an official statement said on Monday.
1 min
November 25, 2025
Mint Kolkata
How online bond platforms are powering retail investor interest
Lowering the minimum bond investment from %1 lakh to 710,000 has opened the market to first-time investors
4 mins
November 25, 2025
Mint Kolkata
SC clears Sandesarass after ₹5,100-crore settlement deal
Court drops all criminal proceedings against Sterling Biotech promoters in a bank fraud case
3 mins
November 25, 2025
Mint Kolkata
Vibe coding: Make way for intuition-driven software
New jargon emerges regularly in the world of software development. Most terms vanish quickly, but ever so often, a term bubbles up from the cultural stew and goes mainstream—not because it introduces a breakthrough technology, but because it captures a shift in how people think about software development. ‘Vibe coding’ is one such phrase. It’s a term that reveals more about the future of programming than its whimsical name suggests.
3 mins
November 25, 2025
Listen
Translate
Change font size