Paytm Q3 results: Company reports loss of Rs 208 crore, 36% decline in revenue
One97 Communications, the parent company of Paytm, reported a consolidated loss of Rs 208.5 crore for the December 2024 quarter, an improvement from last year's Rs 221.7 crore loss. Revenue from operations declined by 35.8 per cent year-on-year to Rs 1,827.8 crore. Paytm is exploring international expansion with new subsidiaries in the UAE, Saudi Arabia, and Singapore.
One97 Communications, the parent company of Paytm, reported a consolidated loss of Rs 208.5 crore for the December 2024 quarter, an improvement from last year's Rs 221.7 crore loss. Revenue from operations declined by 35.8 per cent year-on-year to Rs 1,827.8 crore. Paytm is exploring international expansion with new subsidiaries in the UAE, Saudi Arabia, and Singapore. What's Your Reaction?
