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One 97 Communications Ltd Q2FY24; 41% 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 Q2FY24 of ₹1,980.00 Crores up from ₹1,404.00 Crore year on year, a rise of 41.03%.
  • Total Expenses for Q2FY24 of ₹2,429.00 Crores up from ₹2,079.00 Crores year on year, a rise of 16.84%.
  • Consolidated Net Profit of -₹324.00 Crores from -₹589.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is -₹5.10, from -₹9.07 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: Finance
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