One97 Communications Ltd, the parent company of Paytm, has reported a consolidated net loss of Rs 2.9 billion for the quarter ended June 2025, compared with a loss of Rs 3.6 billion in the same period last year. The improvement came on the back of a 16 per cent year-on-year rise in consolidated revenue from operations to Rs 29.8 billion, up from Rs 25.7 billion.

The company said revenue growth was driven by increased merchant subscriptions, higher loan disbursements through its platform, and expanding financial services offerings. Payment services to consumers generated Rs 15.2 billion, while merchant payment services contributed Rs 11.3 billion.