IT company Magellanic Cloud on Tuesday posted a 4.75 per cent increase in consolidated profit after tax to Rs 27.77 crore in ...

The company’s operating revenue rose 28% year-on-year to Rs 1,918 crore, driven by a 38% rise in net payment revenue to Rs 529 crore and a doubling of financial services revenue to Rs 561 crore.

Paytm has turned in its first-ever quarterly profit, marking a milestone for its parent, One97 Communications. The company ...