Jan 20, 2025 12:39 PM IST
Paytm Q3 2025 outcomes: Paytm sees falling revenues, however lesser losses for the third quarter of the monetary eyar 2024-25 on account of falling bills
Paytm Q3 2025 outcomes: One 97 Communications Ltd, the dad or mum firm of cellular funds big Paytm, on Monday launched its third quarter monetary outcomes for the monetary yr 2024-25.
A QR code sticker of the digital cost app Paytm is seen outdoors a grocery retailer in Kolkata, India.(Reuters)
The corporate’s income was ₹1,827.80 crore, which was a fall of 35.87 per cent or ₹1,022.70 crore, in comparison with ₹2,850.50 crore seen throughout the third quarter of the earlier yr.
Nonetheless, its whole loss narrowed right down to ₹208.50 crore, in comparison with ₹221.75 crore earlier. This was an enchancment by 5.95 per cent or ₹13.2 crore.
It’s because the corporate’s whole bills fell by 30.98% from ₹3,216.3 crore within the third quarter of 2023-24 to ₹2,219.8 crore this quarter. This was a discount in ₹996.5 crore price of bills.
A major contributor to the corporate’s falling bills was in cost processing expenses, which noticed a year-on-year fall of 41.92% or by ₹411.8 crore, happening to ₹570.4 crore from ₹982.2 crore earlier.
How did Paytm’s shares carry out?
One 97 Communications Ltd shares have been buying and selling within the inexperienced. At 11:40 am IST, the corporate’s shares have been up by 0.36% or ₹3.20 on the Bombay Inventory Alternate (BSE), buying and selling at ₹902.85.
Beneficial Matters Information / Enterprise / Paytm Q3 2025 outcomes: Income falls 36%, however losses slim by 6% as bills drop
See Much less