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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.
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