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Paytm Q3 loss widens to 778.4 crore

Paytm had registered a loss of 535.5 crore in the same period a year ago, according to financial results of the company filed at the BSE.

Published on: Feb 5, 2022, 15:17:26 IST
PTI | New Delhi
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Digital payments and financial services firm One97 Communications, which operates under the Paytm brand, on Friday reported widening of consolidated loss to 778.5 crore in the December 2021 quarter.

Representational image  (REUTERS)
Representational image  (REUTERS)

The company had registered a loss of 535.5 crore in the same period a year ago, according to financial results of the company filed at the BSE.

The consolidated revenue from operations of Paytm, however, increased by about 88 per cent to 1,456.1 crore during the reported quarter from 772 crore it posted in the December 2020 quarter.