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Paytm Shares Fall 2% After Board Drops Bonus Share Proposal
Paytm reported a consolidated net profit of Rs 220 crore for the June quarter, ahead of Bloomberg's estimate of Rs 188 crore. Revenue rose to Rs 2,448 crore, beating the consensus estimate of Rs 2,375 crore, while EBITDA came in at Rs 203 crore, well above the expected Rs 178 crore.
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