Paytm's net loss narrows 77% in Q4 helped in part by growth in disbursed loans

Paytm's net loss narrows 77% in Q4 helped in part by growth in disbursed loans

A Sadhu or a Hindu holy man pays the vendor through Paytm, a digital wallet company, after buying a book during the annual religious festival of Magh Mela in Allahabad, India, January 26, 2017. REUTERS/Jitendra Prakash

Vibhuti Sharma

06 May, 2023

Indian fintech giant Paytm on Friday reported a quarterly loss that narrowed by 77% year-on-year, helped in part by a jump in loan growth, amid pressure to turn profitable ever since its dismal listing in 2021.

Edited by: Pramod Mathew

Ant GroupPaytm

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