side-banner

Paytm’s loss widens to Rs 473 crore in Q2 FY22

Shortpedia

Content Team
Image Credit: shortpdia

Paytm's parent One 97 Communications, on Saturday (November 27), posted a consolidated loss of about Rs 473 crore in the second quarter of the ongoing financial year. The company said that the losses were on account of increase in payment processing charges. In the similar quarter last year, Paytm had posted a loss of Rs 436.7 crore, according to the fintech company’s exchange filing.