New Delhi:
Shares of Paytm’s parent company One97 Communications fell more than 1 percent on Wednesday after the company reported that its consolidated loss in the second quarter ended September had widened to Rs 593.9 crore.
The stock fell 1.30 percent to end at Rs 643.45 each on the BSE.
On the NSE, it fell 1.45 percent to Rs 641.80 per share.
The 30-stock BSE Sensex benchmark ended Wednesday 151.60 points or 0.25 percent lower at 61,033.55.
Digital financial services firm One97 Communications, owner of the Paytm brand, reported Monday an increase in its consolidated loss to Rs 593.9 crore in the second quarter ended September 30, 2022. The company had a loss of Rs Rs 593.9 crore in the same period a year ago. 481 crore booked .
Paytm’s consolidated revenue from operations increased by about 76 percent to Rs 1,914 crore during the reported quarter of Rs 1,086.4 crore in the September 2021 quarter.
(Except for the headline, this story has not been edited by DailyExpertNews staff and has been published from a syndicated feed.)
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