Paytm Q3 Results: Fintech giant's net loss narrows to ₹208 crore, revenue drops 36% YoY

Paytm Q3 Results: One 97 Communications, the parent company of fintech giant Paytm, reported a net loss of ₹208.3 crore for the third quarter of FY25. The company’s net loss reduced from ₹219.8 crore posted in the same quarter last year.

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.

“In Q3FY 2025, we achieved 10% QoQ revenue growth, due to an increase in GMV, healthy growth in subscription revenues and an increase in revenues from the distribution of financial services. Growth in net payment margin was largely on account of higher subscription revenue. Payment processing margin continues to remain in the guided range,” One 97 Communications said in a release.

Higher Financial Services revenue was on account of a higher share of merchant loans, higher trail revenue from the Default Loss Guarantee (DLG) portfolio, and better collection efficiencies, it added.

Paytm’s GMV was up 13% quarter-on-quarter (QoQ) at ₹5 lakh crore. The company’s Payment Services revenue grew 8% QoQ to ₹1,059 crore in the December quarter, while its Financial Services revenue increased by 34% QoQ to ₹502 crore. 

The net payment margin rose 5% QoQ to ₹489 crore due to higher subscription revenue.  

In Q3FY25, Paytm’s average MTU (Monthly Transacting Users) was at 7.0 crore, as compared to 7.1 crore in Q2FY25, because of a lower exit run-rate of 6.8 crore MTU in Q2FY25.

At 10:40 AM, Paytm shares were trading 1.60% lower at ₹885.25 apiece on the BSE.

Disclaimer: The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.