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 ₹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 ₹522 crore, which was a result of the accelerated expense for the employee stock ownership plan (ESOP) amounting to ₹492 crore, along with ₹30 crore related to impairments after Paytm CEO Vijay Shekhar Sharma voluntarily returned 2.1 crore shares he received as part of the ESOP.
Excluding the one-time loss of ₹522 crore, the company reported a loss of ₹23 crore for the quarter ending in March.
Revenue from operations fell by 15.7% to ₹1,911.5 crore in the quarter, down from ₹2,267.1 crore in the March 2024 quarter. In the fourth quarter of FY 2025, the company reported operating revenue of ₹1,911 crore, benefiting from increased revenues in financial services distribution and ₹70 crore in UPI incentives for FY 2025, as stated in its filing.
