One97 Communications swings to Rs 208.5 Cr loss in Q3

Quick Summary:

The fintech company reported a 36% year-on-year decline in revenue from operations for the third quarter of FY25 at Rs 1,827.8 crore.

Total expenses dropped 30.98% year-on-year to Rs 2,219.8 crore from Rs 3216.3 crore in Q3 FY24.Expenses were down 1.11% sequentially from Rs 2,244.8 crore in the previous quarter.

Sequentially it increased about 10% from Rs 1834 crore in Q2.

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Article Details

Author / Journalist: Sayan Sen

Category: StartupsEconomyBusiness

Markets: India

Topics: Privacy Loss Year-on-year Fy25 Company Communications One97 Third Crore Quarter Policy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-20 @ 06:39:37 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 194 words

Reading Time: 2 minutes read

Sentences: 24 lines

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News ID: 25278159

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