Paytm’s Loss Narrows 49% YoY To INR 292 Cr In Q2

  • Increase in merchant subscription revenue, steady GMV growth, and rise in loan disbursements helped Paytm narrow its loss 18.6% sequentially
  • The Vijay Shekhar Sharma-led startup saw an over 31% jump in its operating revenue to INR 2,518.6 Cr in Q2 from INR 1,914 Cr in the year-ago period
  • Paytm’s share-based payments grew 4% to INR 385 Cr in Q2 FY24 from INR 371 Cr in the year-ago quarter

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