One 97 Communications Ltd, the parent company of Paytm, reported a consolidated net loss of ₹539.8 crore for the quarter ended March 31, 2025, widening from ₹208.3 crore in the previous quarter and slightly higher than the ₹549.6 crore loss reported in the same quarter last year.
The company’s revenue from operations stood at ₹1,911.5 crore in Q4FY25, marking a sequential growth from ₹1,827.8 crore but a 16% drop compared to ₹2,267.1 crore in Q4FY24.
Summary of Financial data (in crore):
QoQ revenue — 1911.5 vs 1827.8
QoQ Loss — (539.8) vs (208.3)
YoY revenue — — 1911.5 vs 2267.1
YoY Loss — (539.8) vs (549.6)
For the full financial year FY25, revenue from operations declined to ₹6,900.4 crore, down from ₹9,977.8 crore in FY24. The annual net loss narrowed to ₹663.2 crore from ₹1,422.4 crore a year earlier.
In a notable development, the company disclosed that its MD & CEO voluntarily forfeited his stock options under the One 97 Employees Stock Option Scheme, 2019. The Nomination and Remuneration Committee treated these ESOPs as cancelled, and they have been returned to the company’s ESOP pool. As a result, Paytm recorded an accelerated charge of ₹492.4 crore as an exceptional item in the profit and loss account. Additionally, ₹4,092.1 crore has been transferred from the ESOP Reserve to Retained Earnings.
The financial performance reflects challenges in revenue growth and rising costs, even as the company continues to navigate regulatory hurdles and evolving market dynamics.
