Paytm Monthly Transacting Users Grew 49 Percent YoY, Q1 Net Loss Widens to Rs 644.4 Crore

Paytm Monthly Transacting Users Grew 49 Percent YoY, Q1 Net Loss Widens to Rs 644.4 Crore

Digital financial services firm One97 Communications, which operates under the Paytm brand, on Friday said its consolidated loss widened to Rs. 644.4 crore in the first quarter ended June 30. The company had recorded a net loss of Rs. 380.2 crore a year ago.  Paytm said its contribution profit, which…