One 97 Communications Ltd's Q3FY25 Quarter Results
- 22 Jan 2025
Result Summary
- One 97 Communications Ltd reported a 10.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 32.8%.
- Its expenses for the quarter were down by 1.1% QoQ and 31.0% YoY.
- The net profit decreased 122.4% QoQ and decreased 6.0% YoY.
- The earnings per share (EPS) of One 97 Communications Ltd declined at 3.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 2016.50 | 1834.00 | 2999.10 | 10.0% | -32.8% |
Total Expenses | 2219.80 | 2244.80 | 3216.30 | -1.1% | -31.0% |
Profit Before Tax | -203.30 | 934.60 | -217.20 | -121.8% | -6.4% |
Tax | 5.00 | 8.90 | 0.70 | -43.8% | 614.3% |
Profit After Tax | -208.50 | 930.00 | -221.70 | -122.4% | -6.0% |
Earnings Per Share | -3.30 | 14.30 | -3.00 | -123.1% | 10.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
One 97 Communications Ltd is a prominent player in the digital payments and financial services sector in India. The company is best known for its flagship brand, Paytm, which offers a wide range of services including mobile payments, e-commerce, and financial solutions such as loans and insurance. The company operates within the fintech industry, focusing on simplifying financial transactions and providing easy access to financial services for consumers and merchants. Recent developments in the company might include strategic partnerships, technological advancements, or regulatory changes impacting the fintech sector; however, specific recent developments are not provided in the data.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), One 97 Communications Ltd reported a total income of ₹2016.50 crores. This represents a quarter-over-quarter (QoQ) increase of 10% compared to the previous quarter (Q2FY25), where total income was ₹1834.00 crores. However, there was a significant year-over-year (YoY) decrease of 32.8% from Q3FY24, when the total income was ₹2999.10 crores. The decline in annual revenue highlights a substantial reduction in income generation compared to the same period last year, while the quarterly growth indicates a recent improvement in revenue generation.
Profitability
In Q3FY25, One 97 Communications Ltd reported a loss before tax of ₹203.30 crores, a significant decline from a profit of ₹934.60 crores in Q2FY25, representing a QoQ decrease of 121.8%. Compared to Q3FY24, when the loss before tax was ₹217.20 crores, the YoY change is a decrease of 6.4% in losses. The company also reported a profit after tax of ₹-208.50 crores in Q3FY25, compared to a profit of ₹930.00 crores in Q2FY25, marking a QoQ decrease of 122.4%. The YoY comparison shows a 6.0% decrease in losses, as the profit after tax was ₹-221.70 crores in Q3FY24. The Earnings Per Share (EPS) in Q3FY25 was ₹-3.30, compared to ₹14.30 in Q2FY25, a QoQ decrease of 123.1%. The YoY change in EPS was a 10.0% increase from ₹-3.00 in Q3FY24.
Operating Metrics
Total expenses for One 97 Communications Ltd in Q3FY25 amounted to ₹2219.80 crores, reflecting a slight decrease of 1.1% QoQ from ₹2244.80 crores in Q2FY25. Compared to Q3FY24, where expenses were ₹3216.30 crores, there was a YoY decrease of 31.0%. The tax expenses for Q3FY25 were ₹5.00 crores, showing a QoQ decrease of 43.8% from ₹8.90 crores in Q2FY25. The YoY increase in tax expenses was 614.3% from ₹0.70 crores in Q3FY24. These metrics highlight the company's cost management and tax obligations over the stated periods, providing insights into its operational efficiency and fiscal responsibilities.
