Paytm Q4 Results: Loss narrowed to Rs 539.80 crore with exceptional cost of Rs 522 crore
By
Binu Mathew
One 97 Communications Ltd, the parent company of Paytm, on Tuesday released its fiscal fourth quarter earnings report wherein it reported loss marginally narrowed to Rs 539.80 crore in comparison to a loss of Rs 549.60 crore recorded during the corresponding quarter of FY24. However, on a sequential basis, the loss widened from Rs 208.3 crore recorded during the December quarter due to a one-time employee stock option cost, which led to a wider loss compared to the previous quarter.