te Paytm Q1 Results: Company loss narrows to Rs 358.4 crore, revenue jumps 39.4% | Zee Business

Paytm Q1 Results: Company loss narrows to Rs 358.4 crore, revenue jumps 39.4%

Paytm Q1 Results: Fintech firm One97 Communications, which operates under the Paytm brand, on Friday reported the narrowing of loss to Rs 358.4 crore in the April-June quarter of this fiscal.

Paytm Q1 Results: Company loss narrows to Rs 358.4 crore, revenue jumps 39.4%
The company had posted a loss of Rs 645.4 crore in the same period a year ago. Pic: Reuters

Paytm Q1 Results: Fintech firm One97 Communications, which operates under the Paytm brand, on Friday reported the narrowing of loss to Rs 358.4 crore in the April-June quarter of this fiscal.

The company had posted a loss of Rs 645.4 crore in the same period a year ago.

Also Read: Reliance Retail Q1 Results: Net profit climbs 19% to Rs 2,448 crore

The revenue from operations of the company increased by 39.4 per cent to Rs 2,341.6 crore during the reported quarter from Rs 1,679.6 crore in June 2022 quarter.

Written By: PTI
Updated: Sat, Jul 22, 2023
09:23 am
PTI
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