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Shares of Paytm parent, One97 Communications, soared 9.5% to INR 892.60 apiece on the BSE during intraday trading session today, a day after the company reported its fourth quarter financial results.
The company’s stock was last up 7.3% at INR 875 per share on the BSE, as of 1:15 PM, compared to its previous close of INR 815.30 apiece.
The Vijay Shekhar Sharma-led fintech major managed to trim its annual loss by 54% to INR 663.2 Cr in FY25 from INR 1,422.4 Cr in the previous year, while its operating revenue stood at INR 6,900.4 Cr, marking a 31% decline from INR 9,977.8 Cr in FY24.
In terms of its quarterly performance, the company reported a consolidated net loss of INR 544.6 Cr in the Q4 FY25, a 1% fall from INR 550.5 Cr loss it incurred in the previous year.
However, Paytm’s operating revenue for the quarter under review dipped 19% YoY to INR 1,911.5 Cr from INR 2,267.1 Cr in Q4 FY24.
Market capitalisation of the fintech unicorn stands at INR 55,763.64 Cr ($6.58 Bn).
BSE Sensex was down 0.12% at 80,546.42, while Nifty 50 was down 0.11% at 24,352.25, as of 01:46 PM today.
(The story will be updated soon.)
The post Paytm Shares Rally Over 9% After Q4 Results appeared first on Inc42 Media.
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