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One 97 Communications (PAYTM) has announced a board meeting on July 22, 2025. The Board approved the consolidated financial results for the quarter ended June 30, 2025. The company reported revenue from operations of ₹1,917.5 Cr and a net profit of ₹122.5 Cr for the quarter. Notably, ₹2,000 Cr of IPO proceeds remain un-utilized, temporarily invested. The company continues to contest a ₹611.1 Cr FEMA notice, and its joint venture is contesting a ₹5,712 Cr GST notice. The board meeting remains in progress.