- By Aditya Pratap Singh
- Wed, 07 May 2025 11:22 AM (IST)
- Source:JND
Paytm Share Price: Shares of One97 Communications, which owns the Paytm brand and fintech firm, surged nearly 7 per cent on Wednesday morning after the company saw its consolidated loss fall to Rs 545 crore for the fourth quarter ended March 31, 2025. On the BSE, the stock rose 6.70 percent to Rs 870. It increased 6.74 percent to Rs 869.80 at the NSE.
Following a decrease in employee benefits and payment processing fees, One97 Communications reported a reduction in its fourth-quarter loss to Rs 545 crore, which ended on March 31.
According to a regulatory filing, the company lost about Rs 551 crore during the same time period last year.
The acceleration of ESOP (employee stock ownership plan) expenses of Rs 492 crore and Rs 30 crore towards their impairments after Paytm CEO Vijay Shekhar Sharma voluntarily surrendered 2.1 crore shares granted to him in the form of ESOP resulted in a notional loss of Rs 522 crore for the company during the reported quarter.
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The company reported a loss of Rs 23 crore for the March quarter after deducting the exceptional loss of Rs 522 crore.
With the exception of a one-time exceptional ESOP charge of Rs 522 crore, Paytm's PAT (profit after tax) improved by Rs 185 crore from quarter to quarter to a negative of Rs 23 crore in the fourth quarter of the fiscal year 2025, the company said in a statement on Tuesday.
According to the guidance, the company's March quarter operational profit, after deducting ESOP costs, was Rs 81 crore, according to Paytm. During the March quarter, Paytm's employee costs decreased by approximately one-third to Rs 748.3 crore from Rs 1,104.4 crore during the same period last year.
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