Paytm Q3 Results: One 97 Communications, the parent company of fintech giant Paytm, reported a net loss of ₹208.3 crore in the third quarter of FY25. The company’s net loss increased from ₹219.8 crore in the same quarter last year.
Consolidated revenue from Paytm operations in Q3FY25 fell 36% YoY (YoY) to ₹1,827.8 crores ₹2,850.5 crores, over one year. However, Paytm’s revenue grew 10% sequentially.
“In the third quarter of fiscal 2025, we achieved revenue growth of 10% quarter-over-quarter, driven by increased GMV, healthy subscription revenue growth and increased subscription revenue. distribution of financial services. The growth in net payment margin is largely explained by the increase in subscription revenues. Payment processing margin continues to remain within the guided range. A 97 Communications said in a statement.
The increase in financial services revenue was driven by a higher share of merchant loans, higher tracking revenue from the Default Loss Guarantee (DLG) portfolio and better collection efficiency, it added. he.
Paytm GMV grew 13% QoQ to ₹5 lakh. The company’s payment services revenue grew 8% quarter-over-quarter (QoQ) to ₹1,059 crore in the December quarter, while its financial services revenue grew 34% quarter-on-quarter to ₹502 million.
Net payment margin increased by 5% quarter-on-quarter to ₹489 crore due to higher subscription revenue.
In Q3 FY25, Paytm’s average MTU (monthly transacting users) was 7.0 crores, compared to 7.1 crores in Q2 FY25, due to an outflow rate lower by 6.8 crore MTU in Q2 FY25.
At 10:40 am, Paytm shares were trading 1.60% lower at ₹885.25 each on BSE.