India's Paytm reported a narrower sequential third-quarter adjusted loss on Monday as its digital payments business recovered from the winding down of its payments bank unit. The company posted a loss of 2.

Paytm reported a slight improvement in its Q3 FY25 results, with a 10% QoQ revenue growth and a reduced net loss.

Results: Paytm’s consolidated revenue from operations in Q3FY25 dropped 36% year-on-year (YoY) to ₹1,827.8 crore from ₹2,850.5 crore. However, Paytm’s revenue rose 10% sequentially.

On a quarter-on-quarter (Q-o-Q) basis, Paytm's revenue grew 10 percent due to increase in GMV, growth in subscription revenues and increase in revenues from distribution of financial services, the firm said.

Paytm said it achieved 10 per cent sequential revenue growth, due to increase in GMV, healthy growth in subscription revenues and increase in revenues from distribution of financial services.

The company is also looking for international expansion. It has set-up three overseas step-down subsidiaries of Paytm Cloud Technologies in the United Arab Emirates, Kingdom of Saudi Arabia and Singap

India's Paytm reported a narrower sequential loss before exceptional items on Monday as its digital payments business recovered from the winding down of its payments bank unit. The company posted a loss of 2.