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.

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.