Paytm Q1 Results: Company loss narrows to Rs 358.4 crore, revenue jumps 39.4%

Paytm Q1 Results: Fintech firm One97 Communications, which operates under the Paytm brand, on Friday reported the narrowing of loss to Rs 358.4 crore in the April-June quarter of this fiscal.

The company had posted a loss of Rs 645.4 crore in the same period a year ago.

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The revenue from operations of the company increased by 39.4 per cent to Rs 2,341.6 crore during the reported quarter from Rs 1,679.6 crore in June 2022 quarter.