Monday, 20 January, 2025

Paytm Reports Revenue Decline And Reduced Net Loss For December

Paytm reported a 36% year-over-year decrease in operational revenue for December, reflecting market challenges. The company's net loss also reduced slightly to ₹208 crore, indicating improved cost management. While revenue from payments and other verticals saw mixed performance, strategic efforts to optimize operations are evident. Paytm remains focused on enhancing profitability through innovative solutions and customer engagement, aiming for stronger financial stability in the coming quarters.