#PBfintech results are quite okays , 31 crores of the profits in coming from other income, while the revenue of #paisabazr declined 10% YOY. Promotion +other expenses grew ~65% to 542 crores as compared to last year same quarter. So 52% revenue growth driven by 65% increase in Promotions… It would be interesting to see , how market takes it , in a green market stock can be up marginally, I believe stock would not fall much from here. As company is on track of making ~400/500 crore by year end and market can would reward it with higher multiple.
Twitter – @amitsinghpal
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