Paytm Apr-Jun quarter loss widens to Rs 840 cr

New Delhi, July 19, 2024.

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. PTI PRS DRR