Paytm Narrows Q3 Losses to ₹208 Crore Despite Revenue Decline
The fintech company's revenue dropped 36% year-over-year, but sequential improvements and lower costs helped reduce losses.
- Paytm's Q3 FY25 net loss narrowed to ₹208 crore, a 6% improvement from ₹221.75 crore in the same quarter last year.
- Revenue from operations fell 36% year-over-year to ₹1,827.8 crore, driven by declines across payment and financial services segments.
- Sequentially, revenue rose 10.1%, reflecting a modest recovery in its payments business after regulatory challenges in 2024.
- Lower ESOP costs and improved gross merchandise value (GMV) during the holiday season contributed to better financial performance.
- Paytm's stock has partially recovered after regulatory setbacks in 2024, trading higher following the Q3 results announcement.