Paytm Q3 revenue falls 36%; loss narrows to ₹208 crore
The company's revenue fell 36% year-on-year to ₹1,827 crore for the third quarter, as against ₹2,850 crore in the corresponding period a year ago. On a sequential basis, revenue rose 10% due to an increase in GMV (gross merchandise value), growth in subscription revenues, and an increase in revenues from the distribution of financial services.