ADVERTISEMENT
BQ Exclusive: Losses For Paytm’s Parent Firm Surged In FY19
Losses more than doubled at One97 Communications in FY19.
17 Jul 2020, 04:28 PM IST i

Save

File photo of Vijay Shekhar Sharma at the Paytm headquarters. (Photographer: Anindito Mukherjee/Bloomberg)
Vijay Shekhar Sharma promoted One97 Communications Ltd., the parent company of Paytm, has reported a surge in losses for financial year 2018-19.The company reported a loss of Rs 4,217.20 crore on a consolidated basis for the financial year ended March 2019, compared with Rs 1,604.34 crore in the year ago period, according to the annual report sent out by the company to shareholders. BloombergQuint has seen a copy of the annual report...

I’m already a Subscriber
To continue reading this story
Subscribe to Unlock & Enjoy your
Subscriber-Only benefits
Subscriber-Only benefits
Choose a plan
Renews automatically. Cancel anytime.
Access to
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Ad-Lite
Experience
Subscriber-Only
Rewards
NDTV Profit
Exclusive Stories
Full Access to
NDTV Profit App
Access to
20,000+
Research Reports
Ad-Lite
Experience
NDTV Profit
Exclusive Stories
Curated
Newsletters
Priority Pass
to Special Events
Subscriber-Only
Rewards
Full Access to
NDTV Profit App
Still Not convinced ? Know More
ADVERTISEMENT