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1 min read | Updated on January 19, 2024, 17:34 IST
SUMMARY
Indian digital payments firm Paytm posted a 38% rise in third-quarter revenue to ₹2851 crore.
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Paytm Q3 Consolidated Net Loss narrows 43%
Indian digital payments firm Paytm posted a 38% rise in third-quarter revenue to ₹2851 crore aided by its payments business and strong loan growth in the financial services segment.
Meanwhile, its consolidated net loss narrowed to ₹220 crore from ₹392 crore a year ago.
Ahead of Q3 result announcement, the company’s share closed 1.5% higher at ₹766.2 per share. Meanwhile, the company’s shares have gained nearly 22% so far this month.
Paytm is an Indian multinational financial technology company, that specialises in digital payments and financial services.
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