Paytm Still Waiting For Revival, One Year After RBI Action

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It’s been a curious past year for Paytm. Even as the fintech giant has shown improved financial performance on paper over the past two quarters, the real picture lies between the lines.

Let’s take the Q3 numbers, for instance: Paytm narrowed its net loss by 6% on a YoY basis to INR 208.5 Cr in the quarter ending December 2024 (Q3 FY25), but revenue from operations declined by 36% to INR 1,827.8 Cr compared to Q3 FY24.

Even though Paytm managed to reduce its indirect expenses by roughly 7.5% to INR 1,000 Cr in Q3, direct costs grew by…



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Paytm Still Waiting For Revival, One Year After RBI Action


It’s been a curious past year for Paytm. Even as the fintech giant has shown improved financial performance on paper over the past two quarters, the real picture lies between the lines.

Let’s take the Q3 numbers, for instance: Paytm narrowed its net loss by 6% on a YoY basis to INR 208.5 Cr in the quarter ending December 2024 (Q3 FY25), but revenue from operations declined by 36% to INR 1,827.8 Cr compared to Q3 FY24.

Even though Paytm managed to reduce its indirect expenses by roughly 7.5% to INR 1,000 Cr in Q3, direct costs grew by…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Hi! This is Admin.

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