One 97 Communications' Q2 FY 2025-26 Quarterly Results

Result Summary

• One 97 Communications Ltd reported a 5.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 24.5%.
• Its expenses for the quarter were up by 2.3% QoQ and down 8.1% YoY.
• The net profit decreased 82.9% QoQ and decreased 97.7% YoY.
• The earnings per share (EPS) of One 97 Communications Ltd stood at 0.32 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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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, commonly known for its brand Paytm, operates in the digital payments and financial services industry. The company provides a wide array of products and services, including mobile payments, e-commerce platforms, and financial services like insurance and lending. Paytm is a significant player in India's digital transaction space, with a substantial user base across various segments. Recent major developments for the company include its focus on expanding its financial services portfolio and increasing the adoption of its payment gateway services. Any additional recent developments or strategic changes are not available in the provided data.

Revenue

For the second quarter of fiscal year 2026 (Q2FY26), One 97 Communications Ltd reported a total income of ₹2283.00 crores. This represents a quarter-over-quarter growth of 5.7% from ₹2158.90 crores in Q1FY26. Compared to the same quarter in the previous fiscal year (Q2FY25), the company experienced a significant year-over-year increase in total income by 24.5%, up from ₹1834.00 crores. The consistent growth in total income suggests a positive trajectory in revenue generation over the past year. The data indicates a strong performance in terms of revenue growth both on a quarterly and yearly basis.

Profitability

In terms of profitability, One 97 Communications Ltd faced a challenging quarter in Q2FY26. The profit before tax declined significantly to ₹31.00 crores, which is a 75.4% decrease from the previous quarter's ₹126.10 crores. On a year-over-year basis, the profit before tax plummeted by 96.7% from ₹934.60 crores in Q2FY25. The profit after tax also saw a substantial decline, registering at ₹21.00 crores compared to ₹122.50 crores in Q1FY26, marking a 82.9% decrease. Yearly, the profit after tax fell by 97.7% from ₹930.00 crores in Q2FY25. Consequently, earnings per share (EPS) dropped to ₹0.32, down from ₹1.89 in the previous quarter and ₹14.29 a year earlier, marking declines of 83.1% and 97.8% respectively. This data reflects a significant reduction in profitability over both the quarter and the year.

Operating Metrics

The total expenses for One 97 Communications Ltd in Q2FY26 amounted to ₹2062.00 crores. This represents a slight increase of 2.3% from ₹2016.10 crores in Q1FY26. However, when compared to Q2FY25, total expenses decreased by 8.1% from ₹2244.80 crores, indicating some cost efficiency or changes in expenditure strategies over the year. The tax expenses in Q2FY26 were ₹9.00 crores, which were higher than the previous quarter's ₹4.00 crores, showing a 125.0% increase. Compared to Q2FY25, the tax expenses remained relatively stable with a modest rise of 1.1% from ₹8.90 crores. These operating metrics indicate a strategic shift in expense management and tax obligations over the analyzed periods.