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Exceptional item' keeps Paytm in loss
Business Standard
|May 07, 2025
Company reports consolidated loss of ₹539.8 crore in Q4
ne97 Communications Ltd (OCL), the company that operates the Paytm brand, posted a consolidated loss of ₹539.8 crore in the fourth quarter of 2024-25 (Q4FY25), slightly lower from the ₹549.6 crore it reported in Q4FY24.
Sequentially, the fintech company's loss widened from ₹208.3 crore in Q3FY25 on account of a one-time exceptional expense amounting to ₹522 crore during the quarter ended March 2025. This was largely driven by Managing Director & Chief Executive Officer Vijay Shekhar Sharma forgoing employee stock ownership plan (Esops), leading to an expense of ₹492.4 crore.
OCL's net loss would have stood at ₹23 crore in the absence of the exceptional item on its balance sheet.
यह कहानी Business Standard के May 07, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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