One 97 Communications Limited — Board Meeting, 06-05-2025: Outcome of Board Meeting

One 97 Communications has announced a board meeting on May 6, 2025, approving the consolidated financial results for the quarter and half-year ended March 31, 2025. Revenue dropped to INR 691 Cr from INR 998 Cr last year, while losses narrowed to INR 66 Cr from INR 142 Cr. The company booked an exceptional gain of INR 82 Cr from selling its movie ticketing and events business to Zomato. There was a notable INR 49 Cr expense due to ESOP cancellations by the MD & CEO. Operating cash flow was negative INR 12 Cr, with a ₹204 Cr outflow in investing activities. Paytm remains focused on strengthening its core payments and financial services.