New Delhi: PTM parent company One97 Communications on Saturday reported a consolidated loss of Rs 481.70 crore for the September 2021 quarter. 376.60 crore in the June quarter and Rs. 435.50 crore in the same quarter last year.
Consolidated operating income rose 64 per cent (YoY) to Rs 1,086.40 crore in the September quarter from Rs 663.90 crore in the year-ago period. Revenue was driven by 52 per cent growth in non-UPI payment volumes (GMV) and more than 3 times growth in financial services and other income.
For the first time since its listing this month, Paytm has publicly reported its earnings.
Revenue from payments and financial services increased by 69 each.
