Paytm reports Rs 208 crore loss in Q3, revenue down by 36 pc [Video]

Paytm’s parent company One97 Communications Limited has clocked a loss of Rs 208 crore in the third quarter of FY25, from Rs 222 crore in the same quarter last year.

In Q3 FY25, the company’s revenue declined by 36 per cent year-on-year (YoY) to Rs 1,828 crore, from Rs 2,851 crore in the same period last year.

On a quarter-on-quarter basis, Paytm’s revenue surged by 10 per cent, supported by a rise in gross merchandise value (GMV), good growth in subscription revenues and higher revenue from distribution of financial services.

Paytm said that “we have been able to reduce our indirect cost by 7 per cent QoQ and 23 per cent YoY to Rs 1,000 crore. Going forward, we expect calibrated growth in marketing costs and sales employee expenses as we invest in customer and merchant acquisition.”

“Employee expenses for the first nine months of FY2025 dropped by Rs 451 …