Paytm net loss widens to Rs 550 crore in Q4, FY24 loss narrows to Rs 1,422.4 crore orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.
One97 Communications | Paytm Q4 FY24 loss widens to Rs 550 crore telegraphindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraphindia.com Daily Mail and Mail on Sunday newspapers.
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.
Get latest articles and stories on Business at LatestLY. One97 Communications, the parent company of Paytm, announced in its FY24 results on Wednesday that it plans to reward high-performing talent by promoting them to senior leadership roles. Business News | Paytm to Promote High Performing Talent to Senior Roles.