{"id":178522,"date":"2026-01-30T07:13:04","date_gmt":"2026-01-30T12:13:04","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=178522"},"modified":"2026-01-30T07:13:06","modified_gmt":"2026-01-30T12:13:06","slug":"one-97-communications-q3-fy26-earnings-results","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/one-97-communications-q3-fy26-earnings-results\/","title":{"rendered":"One 97 Communications Q3 FY26 Earnings Results"},"content":{"rendered":"\n<p>Incorporated in 2000, One 97 Communications Ltd is India&#8217;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.<\/p>\n\n\n\n<div style=\"height:33px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Q3 FY26 Earnings Results<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Revenue from Operations: \u20b92,194 cr, +20% YoY vs \u20b91,828 cr, +6.5% QoQ vs \u20b92,061 cr; payments services +21% YoY to \u20b91,284 cr, financial services +34% YoY to \u20b9672 cr, driven by higher GMV (\u20b96.2 lakh cr, +24% YoY), merchant subscriptions (1.37 cr, +25 lakh YoY), and AI-led consumer retention.<\/li>\n\n\n\n<li>EBITDA: \u20b9156 cr (7% margin), +379 cr YoY from loss; contribution profit \u20b91,249 cr (+30% YoY, 57% margin) on payment processing gains, financial distribution share, lower DLG.<\/li>\n\n\n\n<li>PAT: \u20b9225 cr (+433 cr YoY from \u2212\u20b9208 cr loss, +971% QoQ vs \u20b921 cr), third straight profitable quarter; 9M PAT positive.<\/li>\n\n\n\n<li>Other key metrics: Average MTU 7.6 cr (+60 lakh YoY); cash \u20b913,068 cr; 9M revenue \u20b96,173 cr (+24% YoY); ESOPs granted \u20b916.6 cr + \u20b960 cr.<\/li>\n<\/ul>\n\n\n\n<div style=\"height:34px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Management Commentary &amp; Strategic Decisions<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Third consecutive profitable quarter with <a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/2ccffe55-1f0f-4502-bf44-027f67094fac.pdf\" target=\"_blank\" rel=\"noopener\">robust revenue\/profitability<\/a>; AI-first growth, payment margins, financial distribution key drivers; disciplined spending amid consumer growth.<\/li>\n\n\n\n<li>Strategic moves: RBI payment aggregator license for offline\/cross-border; like-for-like revenue +25%; focus on merchant\/consumer monetisation, retention.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-127-839x1024.png\" alt=\"\" class=\"wp-image-178527\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-127-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-127-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-127-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-127-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-127.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Q2 FY26 Earnings Results<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Revenue from Operations: \u20b92,061 cr, +24% YoY vs \u20b91,918 cr (+27% LFL excl entertainment), +27% YoY payments GMV to \u20b95.67 lakh cr.<\/li>\n\n\n\n<li>EBITDA: \u20b9142 cr (7% margin), contribution profit \u20b91,207 cr (+35% YoY, 59% margin).<\/li>\n\n\n\n<li>PAT: Underlying \u20b9211 cr (from Q2 FY25 loss \u20b9415 cr excl one-time); reported impacted by impairments.<\/li>\n\n\n\n<li>Other key metrics: MTU 7.5 cr; financial services customers 7.1 lakh (+YoY); cash \u20b913,068 cr.<\/li>\n<\/ul>\n\n\n\n<div style=\"height:34px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Management Commentary Q2<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Revenue\/profitability growth on operating leverage; payments\/financial services momentum.\u200b<\/li>\n\n\n\n<li>Strategic moves: Subscription merchants growth, EMI affordability; capital flexibility for expansion.<\/li>\n<\/ul>\n\n\n\n<p>To view the company\u2019s previous earnings and latest concall transcripts,&nbsp;<a href=\"https:\/\/alphastreet.com\/india\/\">click here<\/a>&nbsp; to visit the Alphastreet India news channel.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Incorporated in 2000, One 97 Communications Ltd is India&#8217;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. Q3 FY26 Earnings Results Management Commentary [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":178527,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,1],"tags":[1792],"class_list":["post-178522","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-finance-stocks","tag-financial-services"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-127.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":178340,"url":"https:\/\/alphastreet.com\/india\/larsen-toubro-q3-fy26-earnings-results\/","url_meta":{"origin":178522,"position":0},"title":"Larsen &amp; Toubro Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"January 29, 2026","format":false,"excerpt":"Larsen & Toubro Ltd is a multinational conglomerate which is primarily engaged in providing engineering, procurement and construction (EPC) solutions in key sectors such as Infrastructure, Hydrocarbon, Power, Process Industries and Defence, Information Technology and Financial Services in domestic and international markets. Q3 FY26 Earnings Results Revenue from Operations: \u20b971,450\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-109.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-109.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-109.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-109.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-109.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-109.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":178007,"url":"https:\/\/alphastreet.com\/india\/vaibhav-global-q3-fy26-earnings-results\/","url_meta":{"origin":178522,"position":1},"title":"Vaibhav Global Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"January 28, 2026","format":false,"excerpt":"Vaibhav Global Limited (VGL), through its distinctive business model, has created a niche for itself in the global retail space, especially in the jewellery, accessories and lifestyle product segments of two of the largest economies of the world - the US and UK.\u00a0 Q3 FY26 Earnings Results Revenue from Operations:\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":178200,"url":"https:\/\/alphastreet.com\/india\/thyrocare-q3-fy26-earnings-results\/","url_meta":{"origin":178522,"position":2},"title":"Thyrocare Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"January 28, 2026","format":false,"excerpt":"Thyrocare Technologies is engaged in the business of healthcare industry and is involved in providing quality diagnostic services at affordable costs to patients, laboratories and hospitals in India. Q3 FY26 Earnings Results Revenue from Operations: Consolidated \u20b9196 cr, +18% YoY vs \u20b9166 cr, total income \u20b9200.51 cr; standalone \u20b9183 cr\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-101.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-101.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-101.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-101.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-101.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-101.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":178315,"url":"https:\/\/alphastreet.com\/india\/tvs-holdings-q3-fy26-earnings-results\/","url_meta":{"origin":178522,"position":3},"title":"TVS Holdings Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"January 29, 2026","format":false,"excerpt":"TVS Holdings (Erstwhile known as Sundaram Clayton Ltd) was incorporated in Chennai in 1962 and is part of the TVS group, led by Mr. Venu Srinivasan. It is engaged in the business of manufacturing and distributing aluminum die castings.\u00a0Sundaram Clayton manufactures non-ferrous gravity and pressure die castings. Q3 FY26 Earnings\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":178541,"url":"https:\/\/alphastreet.com\/india\/swiggy-q3-fy26-earnings-results\/","url_meta":{"origin":178522,"position":4},"title":"Swiggy Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"January 30, 2026","format":false,"excerpt":"Founded in 2014, Swiggy Ltd is a new-age, consumer-first technology company offering users an easy-to-use convenience platform, accessible through a unified app. Q3 FY26 Earnings Results Revenue from Operations: \u20b96,148 cr, +54% YoY vs \u20b93,993 cr, +10.6% QoQ vs \u20b95,561 cr; food delivery \u20b92,041 cr (+25% YoY), quick commerce (Instamart)\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-131.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-131.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-131.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-131.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-131.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-131.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":178535,"url":"https:\/\/alphastreet.com\/india\/pricol-q3-fy26-earnings-results\/","url_meta":{"origin":178522,"position":5},"title":"Pricol Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"January 30, 2026","format":false,"excerpt":"Pricol Limited is engaged in the business of manufacturing and selling of instrument clusters and other allied automobile components to OEMs and replacement markets. The business was started in 1974 and is headquartered in Coimbatore, Tamil Nadu. Q3 FY26 Earnings Results Revenue from Operations: Consolidated \u20b91,020 cr, +65.7% YoY vs\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-129.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-129.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-129.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-129.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-129.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-129.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/178522","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=178522"}],"version-history":[{"count":1,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/178522\/revisions"}],"predecessor-version":[{"id":178528,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/178522\/revisions\/178528"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/178527"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=178522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=178522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=178522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}