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Revenue Up 13%, Loss Narrows

by Index Investing News
January 19, 2024
in Financial
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One97 Communications Ltd., the owner and operator of payments giant Paytm, posted growth in revenue alongside a reduction in its third-quarter losses.The Vijay Shekhar Sharma-led fintech’s consolidated net loss fell sequentially to Rs 221.7 crore in the quarter ended December, according to its exchange filing on Friday. That compares with the Rs 255-crore consensus estimate of analysts tracked by Bloomberg.





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