One 97 Communications, managing Paytm, will hold its annual general meeting on September 12. The firm released its FY 2023-24 annual report on Wednesday. Despite an increase in consolidated loss to Rs 838.9 crore for Q1, Paytm anticipates improvement from Q2 FY 2025 through cost optimization and enhanced operating metrics. Revenue and EBITDA before ESOP remained on par with predictions.
