Paytm Q3 results: Net loss narrows to Rs 208.5 crore, revenue drops 36%

Fintech firm One97 Communications, which owns Paytm brand, has reported a narrowing of consolidated loss to Rs 208.5 crore in the third quarter ended December 31, 2024 mainly on account of reduction in expenses across the board, mainly on payment processing charges and employee costs.

The company had posted a loss of Rs 221.7 crore in the same period a year ago, the company said.