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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
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.

New Delhi , Vijay Shekhar Sharma , Paytm Payment Bank Ltd , Paytm Payments Bank Limited , Reserve Bank , Shekhar Sharma , Employee Stock Ownership Plan , Monthly Transacting Users , Gross Merchandise Value , Chief Business Officer , Offline Payments ,

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

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.

Vijay Shekhar Sharma , Paytm Payments Bank Limited , Paytm Payment Bank Ltd , Reserve Bank , Shekhar Sharma , Employee Stock Ownership Plan , Monthly Transacting Users , Gross Merchandise Value , Chief Business Officer , Offline Payments ,

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. ....

Vijay Shekhar Sharma , Paytm Payments Bank Limited , Paytm Payment Bank Ltd , Reserve Bank , Shekhar Sharma , Employee Stock Ownership Plan , Monthly Transacting Users , Gross Merchandise Value , Offline Payments ,