New Delhi, May 7 -- Shares of One97 Communications, the parent company of the payments platform Paytm, rose nearly 7% on Wednesday, May 7, following the release of its fourth-quarter results after the market closed on Tuesday evening. The fintech company reported a reduced consolidated loss of Rs.545 crore for the quarter ending March 31, 2025, attributed to a decrease in payment processing fees and employee benefits.
During the reported period, the company recorded a notional loss of Rs.522 crore, which was a result of the accelerated expense for the employee stock ownership plan (ESOP) amounting to Rs.492 crore, along with Rs.30 crore related to impairments after Paytm CEO Vijay Shekhar Sharma voluntarily returned 2.1 crore shares he r...
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