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Paytm Q4 results: Loss Narrows To 168 Crores, 52% Revenue Jumps YOY
One97 Communications, parent company of Paytm substantially reduced its losses in the last quarter of March.
The company's overall net loss decreased from 761 crore rupees a year ago and 392 crore rupees a quarter ago to 168 crore rupees.
The proprietors of the business are liable for the net losses.
Consolidated revenue from operations was 2,334.5 crore in Q4FY23, up a staggering 52% from 1,540.9 crore in Q4 of the previous year.
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