Shares of the company closed at Rs 1,781.15 apiece, down by 0.86 per cent on the BSE on Friday
Brokerage Macquarie at the time of listing warned investors of 40 per cent downside in Paytm's share price from fixed public issue price and set target price of Rs 1,200 with an underperform' rating. PTI
New Delhi: Financial technology firm Paytm's parent One 97 Communications on Saturday reported widening of consolidated loss to about Rs 473 crore in the second quarter ended September 30, 2021.
The company had posted a loss of Rs 436.7 crore in the same quarter a year ago, according to an exchange filing.
The consolidated total income of Paytm increased by 49.6 per cent to Rs 1,086.4 crore during the reported quarter from Rs 663.9 crore in the corresponding quarter of 2020-21.
Shares of the company closed at Rs 1,781.15 apiece, down by 0.86 per cent on the BSE on Friday.
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