Antfin to Fully Exit Paytm via ₹3,800 Cr Block Deal Amidst First-Ever Profit
💸 Antfin (Netherlands) Holding BV is set to sell its entire 5.84% stake in PAYTM ’s parent, One 97 Communications, through a ₹3,800 crore block deal at a floor price of ₹1,020 per share. This comes as Paytm reports its first net profit of ₹122.5 crore since listing, reversing a ₹839 crore loss last year. Revenue jumped 27.7% YoY to ₹1,917.5 crore, with other income rising to ₹241 crore. EBITDA turned positive at ₹71.5 crore with a 3.7% margin. Paytm stock closed at ₹1,078.30, up 0.23%.
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