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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.
このストーリーは、Business Standard の May 07, 2025 版からのものです。
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