Paytm Q2 results: Loss narrows as revenue jumps 32% on strong loan growth

Indian digital payments firm Paytm posted a narrower quarterly loss net loss on Friday, boosted by steady loan growth.

Paytm, one of the country’s first start-ups to go public, said revenue increased 32% to 25.19 billion rupees ($300.96 million) in the July-September quarter, from 19.14 billion rupees a year earlier.