India's Paytm narrows losses in Dec quarter after curtailing expenses

India's Paytm narrows losses in Dec quarter after curtailing expenses

FILE PHOTO: A man uses his phone to scan a QR code of the digital payment app Paytm after purchasing a cold beverage at a shop in Kolkata, India on July 9, 2024. REUTERS/Sahiba Chawdhary/File Photo

One97 Communications, which operates the Indian payments platform Paytm, narrowed its losses by 6.3% year-on-year to Rs 208 crore ($24.03 million) for the quarter ended December 2024 (Q3 FY 2025) as expenses fell.

Edited by: Pramod Mathew

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