Paytm Q1 results preview: Revenue may fall by up to 36%, net loss likely to widen
By
Biju Kumar
One 97 Communications which operates payments platform Paytm, is expected to report a net loss between Rs 1,013 crore and Rs 840 crore for the quarter ended June 2024 according to estimates by a couple of brokerages. The revenue for the reporting quarter is expected in the range of Rs 1,532 crore and Rs 1,490 crore.
The revenue hit could be to the tune of 34.5%-36%, the estimates by Motilal Oswal Financial Services (MOFSL) and Yes Securities said.