Integrated Filing — IndAS

General information about company
Scrip Code	543396
NSE Symbol	PAYTM
MSEI Symbol	NOTLISTED
ISIN	INE982J01020
Name of company	ONE 97 COMMUNICATIONS LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	06-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	23-Apr-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	Refer segment note
Start date and time of board meeting	06-May-2025   15:00:00
End date and time of board meeting	06-May-2025   16:30:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	19115000000	69004000000
	Other income	2238000000	7245000000
	Total income	21353000000	76249000000
2	Expenses
(a)	Cost of materials consumed	0	0
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	0	0
(d)	Employee benefit expense	7483000000	32881000000
(e)	Finance costs	45000000	164000000
(f)	Depreciation, depletion and amortisation expense	1503000000	6726000000
(f)	Other Expenses
1	Payment processing charges	5204000000	21247000000
2	Marketing and promotional expenses	1427000000	6594000000
3	Software, cloud and data centre expenses	1459000000	6397000000
4	Other expenses	4428000000	16950000000
	Total other expenses	12518000000	51188000000
	Total expenses	21549000000	90959000000
3	Total profit before exceptional items and tax	-196000000	-14710000000
4	Exceptional items	-5221000000	8233000000
5	Total profit before tax	-5417000000	-6477000000
6	Tax expense
7	Current tax	8000000	185000000
8	Deferred tax	18000000	-5000000
9	Total tax expenses	26000000	180000000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	-5443000000	-6657000000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	-3000000	25000000
16	Total profit (loss) for period	-5446000000	-6632000000
17	Other comprehensive income net of taxes	9000000	10499000000
18	Total Comprehensive Income for the period	-5437000000	3867000000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	-5398000000	-6587000000
	Total profit or loss, attributable to non-controlling interests	-48000000	-48000000
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	-5388000000	3912000000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	-49000000	-45000000
21	Details of equity share capital
	Paid-up equity share capital	638000000	638000000
	Face value of equity share capital	1	1
27	Details of debt securities
22	Reserves excluding revaluation reserve		149629000000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	-8.47	-10.35
	Diluted earnings (loss) per share from continuing operations	-8.47	-10.35
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	-8.47	-10.35
	Diluted earnings (loss) per share from continuing and discontinued operations	-8.47	-10.35
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		1.The Statement of Consolidated Audited Financial Results has been prepared in accordance with the recognition and measurement principles laid down in the applicable accounting standards prescribed under Section 133 of the Companies Act, 2013 (the “Act”) and other accounting principles generally accepted in India and presented in accordance with the requirements of Regulation 33 of the SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015, (‘Listing Regulations’). The Statement of Consolidated Audited Financial Results of the Company and its subsidiaries (collectively ''the Group'') and its interest in associates and joint ventures have been reviewed by the Audit Committee and approved by the Board of Directors of the Company in their respective meetings held on May 06, 2025. n2.The Statement includes the results for the quarter ended March 31, 2025 and March 31, 2024, being the balancing figure between audited figures in respect of the full financial year and the published unaudited year to date figures up to the third quarter of the respective financial years which were subject to limited review. n3.The Group is engaged in different business units, including payment and financial services and marketing services and the Board of Directors (Chief Operating Decision Maker “CODM”) reviews the information at the revenue level and does not allocate operating costs and expenses, assets and liabilities across business units, as the CODM does not use such information to allocate resources or evaluate the performance of the business units. Allocation of resources and assessment of financial performance is done at the consolidated level. The way the CODM reviews the performance, management of the Group has concluded that the Group constitutes a single segment as per Ind AS 108 'Operating Segments'. Hence, no separate disclosure is required for segments. nFor detailed notes kindly refer to the financial results uploaded on the website of the Company

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	6454000000
	Capital work-in-progress	43000000
	Investment property	0
	Goodwill	0
	Other intangible assets	2442000000
	Intangible assets under development	113000000
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	442000000
	Non-current financial assets
	Non-current investments	25371000000
	Trade receivables, non-current
	Loans, non-current	1871000000
	Other non-current financial assets	269000000
	Total non-current financial assets	27511000000
	Deferred tax assets (net)	112000000
	Other non-current assets	6515000000
	Total non-current assets	43632000000
2	Current assets
	Inventories	0
	Current financial asset
	Current investments	15908000000
	Trade receivables, current	12969000000
	Cash and cash equivalents	20769000000
	Bank balance other than cash and cash equivalents	94803000000
	Loans, current	1018000000
	Other current financial assets	20532000000
	Total current financial assets	165999000000
	Current tax assets (net)	0
	Other current assets	4846000000
	Total current assets	170845000000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	214477000000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	638000000
	Other equity	149629000000
	Total equity attributable to owners of parent	150267000000
	Non controlling interest	-296000000
	Total equity	149971000000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	0
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	1214000000
	Total non-current financial liabilities	1214000000
	Provisions, non-current	909000000
	Deferred tax liabilities (net)	0
	Deferred government grants, Non-current	0
	Other non-current liabilities	519000000
	Total non-current liabilities	2642000000
	Current liabilities
	Current financial liabilities
	Borrowings, current	48000000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	336000000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	7073000000
	Total Trade payable	7409000000
	Other current financial liabilities	48184000000
	Total current financial liabilities	55641000000
	Other current liabilities	3903000000
	Provisions, current	2315000000
	Current tax liabilities (Net)	5000000
	Deferred government grants, Current	0
	Total current liabilities	61864000000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	64506000000
	Total equity and liabilites	214477000000
	Disclosure of notes on assets and liabilities	Textual Information(1)

Text Block

Textual Information(1)

Note 1 : Other non-current assets consists of n - Tax assets INR 6,125 and Other non-current assets INR 390 n nNote 2 : Other intangible assets include n - Right of use assets INR 2,117 and Other intangible assets INR 325 n nNote 3 : Other Non-current financial liabilities consists Lease liabilities only INR 1,214. n nNote 4 : Other non current liabilities consists of n Contract liabilities only INR 376 Other non current liabilities 143 n nNote 5: Other current financial liabiliteis include n - Lease liabilities INR 342 and Other financial liabilities INR 47,842 n nNote 6: Other current liabilites consists of - n - Contract liabilites INR 1,757 and Other current liabilities INR 2,146 n nNote 7: Deferred tax assets and deferred tax liabilities are not netted off. n nNote 8. Investments accounted for using equity method consists of - n Investment in Associates INR 442 n

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
	Total Profit before tax
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax
3	(Segment Asset - Segment Liabilities)
	Segment Asset
	Total Segment Asset
	Un-allocable Assets	null	null
	Net Segment Asset	null	null
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities	null	null
	Net Segment Liabilities	null	null
	Disclosure of notes on segments	Textual Information(2)

Text Block

Textual Information(2)

The Group is engaged in different business units, including payment and financial services and marketing services and the Board of Directors (Chief Operating Decision Maker “CODM”) reviews the information at the revenue level and does not allocate operating costs and expenses, assets and liabilities across business units, as the CODM does not use such information to allocate resources or evaluate the performance of the business units. Allocation of resources and assessment of financial performance is done at the consolidated level. The way the CODM reviews the performance, management of the Group has concluded that the Group constitutes a single segment as per Ind AS 108 'Operating Segments'. Hence, no separate disclosure is required for segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Re-measurement gain/(loss) on defined benefit plans	4000000	171000000
2	Changes in fair value of equity instruments at FVTOCI (refer note 8)	0	9808000000
3	Share of other comprehensive income / (loss) of associates / joint ventures	-10000000	-9000000
4	Income tax relating to re-measurement gain/(loss) on defined benefit plans	1000000	-1000000
	Total Amount of items that will not be reclassified to profit and loss	-5000000	9969000000
2	Income tax relating to items that will not be reclassified to profit or loss	0	0
3	Amount of items that will be reclassified to profit and loss
1	Exchange differences on translation of foreign operations	14000000	530000000
	Total Amount of items that will be reclassified to profit and loss	14000000	530000000
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	9000000	10499000000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			-6477000000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			146000000
	Adjustments for decrease (increase) in inventories			0
	Adjustments for decrease (increase) in trade receivables, current			-262000000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			1125000000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			-395000000
	Adjustments for other bank balances			-9133000000
	Adjustments for increase (decrease) in trade payables, current			992000000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			-2128000000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			6726000000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			-382000000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			8854000000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			28000000
	Adjustments for dividend income			0
	Adjustments for interest income			5441000000
	Adjustments for share-based payments			13078000000
	Adjustments for fair value losses (gains)			-1360000000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-13493000000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			6729000000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			5084000000
	Net cash flows from (used in) operations			-1393000000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			-180000000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			-1213000000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			20036000000
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			53000000
	Purchase of property, plant and equipment			3219000000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			26689000000
	Purchase of other long-term assets			23767000000
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			4318000000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-44539000000
	Net cash flows from (used in) investing activities	-20429000000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			16000000
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			0
	Repayments of borrowings			0
	Payments of lease liabilities			318000000
	Dividends paid			0
	Interest paid			146000000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-79000000
	Net cash flows from (used in) financing activities			-527000000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-22169000000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			118000000
	Net increase (decrease) in cash and cash equivalents			-22051000000
	Cash and cash equivalents cash flow statement at beginning of period			42772000000
	Cash and cash equivalents cash flow statement at end of period			20721000000