Jan 20, 2025 12:59 PM IST
Paytm Q3 2025 results: Paytm sees falling revenues, but lesser losses for the third quarter of the financial eyar 2024-25 due to falling expenses
Paytm Q3 2025 results: One 97 Communications Ltd, the parent company of mobile payments giant Paytm, on Monday released its third quarter financial results for the financial year 2024-25.
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The company’s revenue was ₹1,827.80 crore, which was a fall of 35.87 per cent or ₹1,022.70 crore, compared to ₹2,850.50 crore seen during the third quarter of the previous year.
However, its total loss narrowed down to ₹208.50 crore, compared to ₹221.75 crore earlier. This was an improvement by 5.95 per cent or ₹13.2 crore.
This is because the company’s total expenses fell by 30.98% from ₹3,216.3 crore in the third quarter of 2023-24 to ₹2,219.8 crore this quarter. This was a reduction in ₹996.5 crore worth of expenses.
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A significant contributor to the company’s falling expenses was in payment processing charges, which saw a year-on-year fall of 41.92% or by ₹411.8 crore, going down to ₹570.4 crore from ₹982.2 crore earlier.
The company also spent significantly lesser on employee benefits. It spent just ₹716.3 crore, as compared to ₹1,187.2 crore before. This is a spending drop of 39.66% or by ₹470.9 crore.
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How did Paytm’s shares perform?
One 97 Communications Ltd shares were trading in the green. At 11:40 am IST, the company’s shares were up by 0.36% or ₹3.20 on the Bombay Stock Exchange (BSE), trading at ₹902.85.
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