One 97 Communications Limited — Important, 22-10-2024: General Updates

One 97 Communications Limited reported an 11% QoQ revenue increase to ₹1,660 Cr for Q2 FY 2025, driven by growth in payment and financial services. The contribution margin rose to 54%, with an EBITDA improvement of ₹388 Cr. Profit after Tax (PAT) stood at ₹930 Cr, aided by a one-time gain of ₹1,345 Cr from selling its entertainment ticketing business. Cash reserves reached ₹9,999 Cr as the company focuses on sustainable growth and cross-selling financial services.