Paytm Q4 Results: Fintech startup Paytm saw its first-ever decline in sales this quarter amid the RBI probe. Bloomberg has reported the unicorn could cut jobs and trim non-core assets amid the sales and revenue decline.
One 97 Communications Results: The loss of fintech company One97 Communications (Paytm Results) has increased in the fourth quarter of the financial year
Digital payments major Paytm on Friday said it has narrowed losses to Rs 222 crore for the quarter ended December, from Rs 392 crore a year ago and Rs 290 crore in the preceding quarter.
UBS coverage on the new-age stock comes days before the fintech payments major is scheduled to announce its Q3 report card on Friday. The brokerage house has forecast an overall revenue CAGR of 21% in FY24-28.
Fintech major Paytm narrowed its losses for the quarter ended September to Rs 291.7 crore compared with Rs 571 crore in the year-ago period. This and more in todays ETtech Top 5.