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    ITNewspapersThe Economic Times

    Paytm loss widens to Rs 840 crore, revenue falls; fintech plans to cut staff cost by Rs 500 crore

    Biju Kumar
    By Biju KumarJuly 20, 2024

    Digital payments major Paytm on Friday reported a 35% fall in its operational revenue for the quarter ended June at Rs 1,501 crore, down from Rs 2,341 crore a year back.

    Its net loss more than doubled to Rs 840 crore from around Rs 358 crore a year back.

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