Paytm Q1 Results: Consolidated loss widens to Rs 839 crore

Fintech One 97 Communications, which runs the payments platform Paytm, on Friday reported that its consolidated loss in the June quarter has widened to Rs 838.9 crore vs Rs 357 crore in the corresponding quarter of the previous financial year.

Paytm’s Q1 revenue was down to Rs 1,502 crore vs Rs 2,342 crore in Q1 of FY24, down 36% year-on-year.