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Paytm s Loan Disbursals Rebound To Rs 20 Billion From Rs 9 Billion In April 2024: Report

Paytm net loss widens to Rs 550 crore in Q4, FY24 loss narrows to Rs 1,422 4 crore

Paytm net loss widens to Rs 550 crore in Q4, FY24 loss narrows to Rs 1,422 4 crore
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Paytm Net Loss Widens To ₹550 Crore In Q4, FY24 Loss Narrows To ₹1,422 4 Crore

One97 Communications | Paytm Q4 FY24 loss widens to Rs 550 crore

One97 Communications | Paytm Q4 FY24 loss widens to Rs 550 crore
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Paytm net loss widens to Rs 550 crore in Q4

Fintech firm One97 Communications, which owns the Paytm brand, on Wednesday said its loss in the fourth quarter of the financial year 2023-24 has widened to Rs 550 crore following the ban imposed by the RBI on transactions related to its payments bank. The company had posted a loss of Rs 167.5 crore in the same period a year ago, the company said in a regulatory filing. Our fourth quarter FY24 results were impacted by temporary disruption on account of UPI transition etc. and permanent disruption because of the PPBL embargo.

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