rediff.com

Paytm Q1 Loss Widens to Rs 840 Crore - Business News

Share on:

By Rediff Money Desk, New Delhi   Jul 19, 2024 11:22

Paytm's loss widened to Rs 840 crore in the April-June quarter, with revenue declining by 33.48% year-on-year. Read more about the financial performance.
New Delhi, Jul 19 (PTI) Fintech firm One97 Communications, which owns Paytm brand, on Friday said its loss has widened to Rs 840 crore in the quarter ended June 30, 2024.

The company had posted a loss of Rs 358.4 crore in the same period a year ago, according to a regulatory filing by the company.

The consolidated revenue of Paytm declined 33.48 per cent to Rs 1,639.1 crore during the reported quarter, from Rs 2,464.2 crore in the same period a year ago.
Source: PTI
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

TODAY'S MOST TRADED COMPANIES

  • Company Name
  • Price
  • Volume

More »

Moneywiz Live!