Indian fintech Paytm's Q3 adjusted loss narrows sequentially
Paytm Q3 revenue falls 36%; loss narrows to ₹208 crore
The company's revenue fell 36% year-on-year to ₹1,827 crore for the third quarter, as against ₹2,850 crore in the corresponding period a year ago. On a sequential basis, revenue rose 10% due to an increase in GMV (gross merchandise value), growth in subscription revenues, and an increase in revenues from the distribution of financial services.
India's Paytm on Monday said it was aiming to become profitable in one-to-two quarters, after it reported a narrower ...
During the earnings call, the management expressed optimism about achieving profitability (PAT) targets in the next 2-3 ...
Paytm has consistently reduced expenses on a YoY basis in FY25 in line with slow growth guidance, but it's fallen behind the ...
Paytm’s sales slid for the fourth consecutive quarter as the Indian fintech pushes hard to emerge from the shadow of ...
Fintech giant One97 Communications, owner of Paytm, narrowed its losses in Q3 2024 by reducing expenses, particularly in ...
Paytm, via its arm Paytm Cloud, will set up subsidiaries in the UAE, Saudi Arabia, and Singapore to expand its payments and ...
The monthly active users (MTU) count averaged seven crore this quarter, down slightly from 7.1 crore last quarter. Marketing.
FY25 saw revenue hit Rs1,828 crore with a notable 10% QoQ growth. Profit After Tax improved by Rs208 crore, highlighting its ...
Following the quarterly results, Paytm shares were trading 0.66 per cent higher at Rs 905.80. Bernstein suggested a target ...
In September, it acquired a 47.7% stake in Moonshine Technology, the parent company of online poker platform PokerBaazi, for ...
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