paytm loss

Bloomberg | | Posted by Ritu Maria Johny Paytm, India’s leading digital payments brand, posted a narrower third-quarter loss after its drive to add customers boosted revenue.The net loss in the quarter through December shrank to 3.9…

Paytm parent One 97 Communications recorded a 42% increase in revenue from operations to Rs 2,062 crore in the December quarter. The increase in operating revenue was mainly fuelled by a surge in loan disbursals.The company's net loss…

Paytm parent One 97 Communications on Monday reported a net loss of Rs 571.5 crore for the July-September period, widened from Rs 473.5 crore in the same period last year. Its revenue from operations jumped 76% in the September-quarter to…

Paytm’s loss was probably also affected by intensifying competition with the likes of Alphabet Inc.’s Google Pay, Amazon.com Inc.’s Amazon Pay and Walmart Inc.’s PhonePe, and a slew of smaller fintech startups. Paytm, India’s leading…

One97 Communications Ltd., the entity that operates the digital payments service Paytm, reported a wider loss last quarter as the company tries to recover from a disastrous initial public offering in November. The company reported a loss of…

Shares in India's One 97 Communications Ltd, the parent company of , opened 4.6% lower on Monday after the fintech company's net loss for its second quarter widened due to a rise in expenses. In its first earnings report since going public…