Paytm’s parent company One97 Communications reduces consolidated loss in FY25 Q3, eyes global expansion

Digital payments business’ Paytm’s parent company One97 Communications reported that it reduced its consolidated loss to Rs 208.5 crore in the third quarter of the 2025 financial year. The business is also eyeing global expansion for growth. 

One97 Communications has posted a loss of Rs 221.7 crore in the third quarter of the 2024 financial year, the Press Trust of India reported. The business however saw its revenue from operations drop by 35.8% to total Rs 1,827.8 crore during the December quarter, down from the Rs 2,850.5 crore revenue it reported in the third quarter of the previous fiscal year. Quarter on quarter, the business’ revenue was up by approximately 10%.

One 97 Communications also recently announced that it plans to expand its operations into global markets, Market Screener reported. The business is eyeing launches in Singapore, Saudi Arabia, and the United Arab Emirates with an investment of up to Rs 200 million for each new global market and the possibility of strategic local partnerships. 

Paytm was established in 2010 by entrepreneur Vijay Shekhar Sharma under the One97 Communications business, which itself was launched in Noida in the year 2000. Today, Paytm counts over 20 million merchants and businesses which use Paytm to accept digital payments, according to the business’ website.