Business Finance

Paytm REPORTS CONSOLIDATED LOSS OF Rs 561.5 CRORE

NEW DELHI, Oct. 20, 2023 (TBINN)

Fintech Company One97 Communications, which operates under the Paytm brand, today reported a narrowing of consolidated loss to Rs 291.7 Crore in the second quarter ended September 30, 2023.

The company posted a loss of Rs 571.5 Crore in the same period a year ago.

Earlier, the consolidated revenue from operations of the company increased by about 32 per cent to Rs 2,518.6 crore during the reported quarter from Rs 1,914 crore in the September 2022 quarter.

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