MoneyWorks4Me

One 97 Communications’ consolidated net loss widens to Rs 473 crore in Q2

29 Nov 2021 Evaluate

One97 Communications (Paytm) has reported results for second quarter ended September 30, 2021.

The company has reported a net loss of Rs 461.20 crore for the quarter under review against net loss of Rs 390.20 crore for the same quarter in the previous year. However, total income of the company increased by 54.03% at Rs 1,095.60 crore for Q2FY22 as compared Rs 711.30 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a net loss at Rs 473.50 crore for the quarter under review against net loss of Rs 436.70 crore for the same quarter in the previous year. However, total income of the company increased by 49.65% at Rs 1,134.50 crore for Q2FY22 as compared Rs 758.10 crore for the corresponding quarter previous year.

Peers
Company Name CMP
One97 Communications 1731.10
AvenuesAI 15.69
Billionbrains Garage 197.55
Pine Labs 193.70
Seshaasai Tech. 360.20
View more..