Paytm parent One97 Communications Ltd reported a consolidated net profit of Rs 123 crore for the June quarter (Q1 FY26), marking a turnaround from a net loss of Rs 839 crore in the same period last year. Contribution profit was at Rs 1,151 crore, an increase of 52 per cent year-on-year, and contribution margin was at 60…
Fintech company shares One 97 Communications are in focus today as a block deal worth Rs 2,066 crore is expected to take place in the counter today. Antifin, the group firm of Chinese e-commerce player Alibaba is likely to offload stocks in the entity. In the previous day’s trading session, Paytm shares closed higher by…
One 97 Communications, which operates fintech platform Paytm, will announce its Q4FY25 earnings on Tuesday, with some brokerages expecting the company to swing into profits. Profit after tax (PAT) is estimated to range between Rs 3.6 crore and Rs 4.5 crore, according to JM Financial and Yes Securities. However, Motilal Oswal Financial Services (MOFSL) projects…