Won’t be surprised to keep getting buybacks from Paytm every 18-24 months: Rahul Jain
“As per the current guidance, Paytm will turn profitable by Q2 of FY24 but in our assessment, the way the four quarters have shaped up, it may happen in Q3 and Q4 itself. Basically, if it is turning positive and the company has started giving a hint about what kind of capital allocation strategies they may have, that is a very positive sign for anybody who is looking at it from a long term perspective.”
