Paytm’s Q2 net loss widens: Here’s what brokerages said

Though Paytm's revenue from operations improved in the second quarter, analysts still remain concerned about the leading digital payment firm’s path to profitability.

Shares of One97 Communications, Paytm's parent firm, faced some turbulence on the stock market on Monday after the company reported its second quarter financial results. The company reported a 64 per cent year-on-year rise in revenue, while net loss widened by 8 per cent to Rs 473 crore.

Though the company's revenue from operations improved in the second quarter, analysts still remain concerned about the leading digital payment firm’s path to profitability.