Paytm Q4 results preview: Revenue from operations is projected to decrease by 21 per cent YoY to Rs 1,830 crore, while contribution profit is estimated to decline by 15 per cent YoY to Rs 1,090 crore, with a contribution margin of 60 per cent.
Brokerage ICICI Securities is positive on Paytm with a target price of Rs 1,055 mark, indicating an upside of 50 per cent against the market price of Rs 701.30 on May 30, 2023.
Brokerage YES Securities set a target price of Rs 750 for Paytm post-Q4 results. Citi Research on May 7 also gave a ‘Buy’ rating to Paytm with a target price of Rs 1,103.