Paytm shares rise over 5% after Q4 loss narrows to ₹167.5 crore

Paytm parent One97 Communications' share price rose over 5% on Monday after the firm's consolidated loss narrowed to ₹167.5 crore in the fourth quarter ended March as against a ₹762.5 crore loss in the year-ago period. At 2:10 pm, its stock traded 5.41% higher at ₹726.75/piece on BSE. The firm's consolidated revenue from operations jumped 51.5% to ₹2,334.5 crore.