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Paytm Q1 preview: Net loss could narrow to Rs 646 cr on solid lending biz

Paytm Q1FY23 results: JPMorgan pegs net loss at Rs 672.3 crore, down from Rs 761 crore QoQ

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Paytm | Q1 results | Markets

Nikita Vashisht  |  New Delhi 

Paytm Q1 preview: Net loss could narrow to Rs 646 cr on solid lending biz
Paytm recorded average monthly transacting users (MTU) for the quarter at 74.8 million, registering a growth of 49 per cent YoY.

India's biggest fintech player, One97 Communication-owned Paytm, is set to report its June quarter (Q1FY23) results on Friday, August 5. Analysts expect the company to narrow its net loss on a sequential basis on the back of steady loan disbursements and new device addition.

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First Published: Wed, August 03 2022. 14:00 IST
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