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One 97 Communications’ consolidated net loss narrows to Rs 222 crore in Q3

20 Jan 2024 Evaluate

One 97 Communications has reported results for third quarter ended December 31, 2023 (Q3FY24). 

The company has reported net loss at Rs 253.60 crore for the quarter ended December 31, 2023 as compared to net loss of Rs 435.70 crore for the same quarter in the previous year. However, total income of the company increased by 37.74% at Rs 2278.50 crore for Q3FY24 as compared Rs 1654.20 crore for corresponding quarter of the previous year.

On consolidated basis, the company reported net loss at Rs 221.70 crore for Q3FY24 as compared to net loss of Rs 392.10 crore for the same quarter in the previous year. However, total income of the company increased by 40.13% at Rs 2999.10 crore for Q3FY24 as compared Rs 2140.20 crore for corresponding quarter of the previous year.

Peers
Company Name CMP
One97 Communications 1734.10
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