X

One 97 Communications Ltd Q1FY24; 48% rise in Revenue

Incorporated in 2000, One 97 Communications Ltd is India’s leading digital ecosystem for consumers as well as merchants. As of March 31, 2021, the company has a 333 million+ client base and 21 million+ registered merchants to whom it offers payment services, financial services, and commerce and cloud services.

Financial Results:

One 97 Communications Ltd reported Revenues for Q1FY24 of ₹1,845.00 Crores up from ₹1,245.00 Crore year on year, a rise of 48.19%.

Total Expenses for Q1FY24 of ₹2,302.00 Crores up from ₹1,975.00 Crores year on year, a rise of 16.56%.

Consolidated Net Profit of -₹333.00 Crores from -₹628.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹5.25, from -₹9.68 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: UPI
Related Post