One 97 Communications Limited has reported its audited financial results for the quarter and financial year ended March 31, 2026. The company recorded an annual revenue from operations of INR 8,437 crore with a profit for the year of INR 552 crore. Additionally, the Board of Directors approved the re-appointment of Mr. Ashit Ranjit Lilani as a Non-Executive Independent Director for a second consecutive 5-year term, subject to shareholder approval.
Annual Financial Performance
For the financial year ended March 31, 2026, One 97 Communications Limited achieved a revenue from operations of INR 8,437 crore, reflecting significant growth compared to the INR 6,900 crore reported in the previous fiscal year. The company successfully turned around its annual performance, reporting a profit of INR 552 crore, a notable improvement over the INR 663 crore loss recorded in the prior year.
Quarterly Highlights
During the final quarter (Q4) ending March 31, 2026, the company generated revenue of INR 2,264 crore. The profit for this quarter stood at INR 183 crore, demonstrating consistent operational performance and focus on profitability across its business units.
Strategic Re-appointment
The Board of Directors has approved the re-appointment of Mr. Ashit Ranjit Lilani as a Non-Executive Independent Director. His second term is set to commence on July 05, 2026, and continue until July 04, 2031. Mr. Lilani’s role is designated as not liable to retire by rotation, subject to the necessary approvals from the company’s members.
Corporate Updates
The company provided updates regarding its ongoing regulatory interactions and business restructuring. Notably, as of November 30, 2025, the company successfully transferred its offline merchant business to its wholly-owned subsidiary, Paytm Payments Services Limited, for a purchase consideration of INR 975 crore. Additionally, the company is actively working toward the resolution of matters mentioned in a Show Cause Notice previously received from the Directorate of Enforcement regarding FEMA-related compliance in earlier years.
Source: BSE
