Latest News | Paytm Loss Narrows to Rs 358.4 Cr, Revenue Jumps 39.4pc in Apr-Jun

Get latest articles and stories on Latest News at LatestLY. 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.

New Delhi, Jul 21 (PTI) 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.

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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.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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