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Fintech major Paytm reported a consolidated net loss of INR 544.6 Cr in the March quarter (Q4 FY25), a decline of 1% from INR 550.5 Cr loss it incurred in the year-ago quarter. Sequentially, the company’s loss grew 118% from INR 208.5 Cr.
If not for INR 522.1 Cr exceptional loss incurred by the company, Paytm would have reported a loss before tax of INR 19.9 Cr as against INR 536.4 Cr in the year-ago period.
The exceptional items loss in Q4 FY25 originated from INR 492.4 Cr accelerated charge due to Paytm founder and CEO Vijay Shekhar Sharma surrendering 2.1 Cr ESOPs following a SEBI show-cause notice.
Meanwhile, 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. Sequentially, this marked a 5% increase from the INR 1,827.8 Cr operating revenue.
(The story will be updated soon.)
The post Paytm Q4 Loss Flat At INR 545 Cr As Exceptional Items Take Toll appeared first on Inc42 Media.
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