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One97 Communications’ consolidated net loss narrows to Rs 358 crore in Q1

24 Jul 2023 Evaluate

One97 Communications has reported results for first quarter ended June 30, 2023 (Q1FY24). 

The company has reported net loss at Rs 332.80 crore for the quarter under review as compared to net loss of Rs 628.00 crore for the same quarter in the previous year. Total income of the company increased by 46.43% at Rs 1972.00 crore for Q1FY24 as compared Rs 1346.70 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported net loss at Rs 358.40 crore for the quarter ended June 30, 2023 as compared to net loss of Rs 645.40 crore for the same quarter in the previous year. Total income of the company increased by 38.31% at Rs 2464.20 crore for Q1FY24 as compared Rs 1781.60 crore for the corresponding quarter previous year.

Peers
Company Name CMP
One97 Communications 1672.60
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