New Delhi: One 97 Communications Ltd, the parent of digital payment giant , said on Saturday its net loss for the three months through September widened by 8.4% as expenses rose.
Paytm, reporting its earnings publicly for the first time since its market debut, registered a consolidated net loss of Rs 474 crore ($63.2 million) compared with Rs 437 crore in the same period a year earlier.
The company’s revenue rose 49.7% to Rs 1,135 crore.
With inputs from agencies.
Stay on top of technology and startup news that matters. Subscribe to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox.