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One 97 Communications’ consolidated net loss widens to Rs 550 crore in Q4

22 May 2024 Evaluate

One 97 Communications has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported net loss at Rs 566.30 crore for the quarter under review as compared to net loss of Rs 203.30 crore for the same quarter in the previous year. Total income of the company decreased by 5.80% at Rs 1823.70 crore for Q4FY24 as compared Rs 1936.00 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported net loss at Rs 550.50 crore for fourth quarter ended March 31, 2024 as compared to net loss of Rs 167.50 crore for the same quarter in the previous year. Total income of the company decreased by 2.67% at Rs 2398.80 crore for Q4FY24 as compared Rs 2464.60 crore for the corresponding quarter previous year.

For the year ended March 31, 2024, the company has reported net loss at Rs 1476.20 crore as compared to net loss Rs 1855.80 crore for the previous year. However, total income of the company increased by 27.35% at Rs 8185.20 crore for year under review as compared to Rs 6427.10 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported net loss at Rs 1422.40 crore as compared to net loss of Rs 1776.50 crore for the previous year. However, total income of the company increased by 25.29% at Rs 10524.70 crore for year under review as compared to Rs 8400.00 crore for year ended March 31, 2023.

One97 Communications Share Price

1161.75 13.45 (1.17%)
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