Paytm Q4 results: Loss widens to Rs 549.60 cr, revenue falls 2.6%

Digital payments firm Paytm on Wednesday reported a wider consolidated loss of Rs 549.6 crore in the fourth quarter (Q4) of 2023-24 (FY24), compared to Rs 168.4 crore in the same quarter last year (2022-23/FY23). Sequentially, the loss doubled from Rs 219.8 crore in the third quarter (Q3) of FY24.

One97 Communications, which operates Paytm, has attributed the decline in income in Q4FY24 to “temporary disruptions in business operations”.