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One97 Communications’ consolidated net loss widens to Rs 840.10 crore in Q1

19 Jul 2024 Evaluate

One97 Communications (Paytm) has reported results for first quarter ended June 30, 2024 (Q1FY25). 

The company has reported net loss at Rs 824.60 crore for the quarter ended June 30, 2024 as compared to net loss of Rs 332.80 crore for the same quarter in the previous year. Total income of the company decreased by 35.40% at Rs 1274.00 crore for Q1FY25 as compared to Rs 1972.00 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported net loss at Rs 840.10 crore for Q1FY25 as compared to net loss of Rs 358.40 crore for the same quarter in the previous year. Total income of the company decreased by 33.48% at Rs 1639.10 crore for Q1FY25 as compared to Rs 2464.20 crore for the corresponding quarter previous year.

Peers
Company Name CMP
One97 Communications 1672.60
AvenuesAI 15.91
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