New Delhi, Jan 20 (PTI) Fintech firm One97 Communications, which owns Paytm brand, has reported a narrowing of consolidated loss to Rs 208.5 crore in the third quarter ended December 31, 2024.

The company had posted a loss of Rs 221.7 crore in the same period a year ago, the company said.

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The revenue from operations of Paytm declined by 35.8 pc to Rs 1,827.8 crore during the reported quarter, from Rs 2,850.5 crore in the December 2024 quarter.

The revenue was, however, up 10 per cent on a quarter-on-quarter basis, the company added.

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(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)