Net Loss of One 97 Communications reported to Rs 549.60 crore in the quarter ended March 2024 as against net loss of Rs 168.40 crore during the previous quarter ended March 2023. Sales declined 2.89% to Rs 2267.10 crore in the quarter ended March 2024 as against Rs 2334.50 crore during the previous quarter ended March 2023.For the full year,net loss reported to Rs 1417.00 crore in the year ended March 2024 as against net loss of Rs 1775.90 crore during the previous year ended March 2023. Sales rose 24.87% to Rs 9977.80 crore in the year ended March 2024 as against Rs 7990.30 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales2267.102334.50 -3 9977.807990.30 25 OPM %-20.61-5.63 --11.74-20.57 - PBDT-340.80-8.40 -3957 -649.00-1257.60 48 PBT-536.40-168.20 -219 -1384.70-1742.90 21 NP-549.60-168.40 -226 -1417.00-1775.90 20 Powered by Capital Market - Live News

One 97 Communications has granted 91,250 Stock Options under One 97 Employees Stock Option Scheme 2019 (ESOP 2019) to the eligible employees.Powered by Capital Market - Live News

One 97 Communications has allotted 291,388 equity shares under ESOP on 04 April 2024. Consequently, the paid up equity share capital has increased to Rs 635,705,161 (consisting of 635,705,161 equity shares of face value of Rs 1 each).Powered by Capital Market - Live News

One 97 Communications (OCL) announced its partnership with Axis Bank to continue with swift and secure merchant settlements. This arrangement is expected to seamlessly replace the nodal account that OCL was using with Paytm Payments Bank.Paytm Payment Services (PPSL), OCL`s wholly owned subsidiary has already been using the Axis Bank services, since its inception.Both OCL and PPSL are also in discussions with other banks to evaluate a second partner for nodal / escrow services. Powered by Capital Market - Live News

One 97 Communications has allotted 67,102 equity shares under ESOP on 05 February 2024. Consequent to aforesaid allotment, the issued, subscribed and paid-up equity share capital of the Company stand increased to Rs 635,147,469 (consisting of 635,147,469 equity shares of face value of Rs 1 each). Powered by Capital Market - Live News