Paytm CEO Sharma took â¹47 lakh pay cut for 2017-2018
Vijay Shekhar Sharma, Founder and CEO of Paytm parent One97 Communications, took a pay cut for the financial year 2018, as per government filings. Sharma's annual salary went down from â¹3.47 crore in 2016-17 to â¹3 crore for 2017-18, without accounting for stock-based benefits. Meanwhile, One97's net loss for 2017-18 widened to â¹1,604 crore from previous year's â¹899 crore.