MUMBAI: One97 Communications, which owns finetch main Paytm, on Friday reported a narrowing of losses to Rs 221 crore on a consolidated foundation for the quarter ended Dec 2023. Web losses stood at Rs 392 crore within the year-ago quarter.
Income from operations through the quarter elevated to Rs 2,850 crore from Rs 2,062 crore posted within the year-ago interval – an increase of 38%, helped by progress in subscription revenues and fee enterprise.The Noida-based agency claimed that the variety of retailers subscribing to its fee gadgets crossed one crore as of Dec 2023.
“Throughout the funds sector, the corporate is targeted on strengthening its buying management utilizing a multi-device technique,” the corporate stated in a press release.
Income from operations through the quarter elevated to Rs 2,850 crore from Rs 2,062 crore posted within the year-ago interval – an increase of 38%, helped by progress in subscription revenues and fee enterprise.The Noida-based agency claimed that the variety of retailers subscribing to its fee gadgets crossed one crore as of Dec 2023.
“Throughout the funds sector, the corporate is targeted on strengthening its buying management utilizing a multi-device technique,” the corporate stated in a press release.
