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The Times of India

Business

PTI

Paytm Q4 loss widens to Rs 761 crore, average monthly transacting users (MTU) grow 41% Y-o-Y

Paytm One97 Communications New Delhi OCL

NEW DELHI: Digital financial services firm One97 Communications, which operates under the Paytm brand, on Friday reported widening of its consolidated loss to Rs 761.4 crore for the quarter ended March 2022 on account of rise in payment processing charges and employees benefit expenses.

The company had posted a loss of Rs 441.8 crore in the same period a year ago.

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