Paytm reports Rs 208.5 crore net loss in Q3 FY25
The fintech company had posted a loss of Rs 221.7 crore in the third quarter of FY24
Published Date - 20 January 2025, 11:42 AM
New Delhi: Fintech firm One97 Communications, which owns the Paytm brand, has reported a narrowing of consolidated loss to Rs 208.5 crore in the third quarter ended December 31, 2024.
The company had posted a loss of Rs 221.7 crore in the same period a year ago, the company said.
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Revenue from operations of Paytm declined by 35.8 per cent to Rs 1,827.8 crore during the reported quarter, from Rs 2,850.5 crore in the December 2024 quarter.
Revenue was, however, up 10 per cent on a quarter-on-quarter basis, the company added.
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