One97 Communications shares drop nearly 3% post Q1 earnings announcement
By
Binu Mathew
New Delhi: Shares of fintech firm One97 Communications, which owns the Paytm brand, declined nearly 3 per cent on Wednesday morning trade largely due to profit-taking in the counter.
The stock dropped 2.62 per cent to Rs 1,025 on the BSE.
At the NSE, it went lower by 2.46 per cent to Rs 1,025.10.
One97 Communications on Tuesday reported its first-ever consolidated net profit at Rs 122.5 crore in the quarter ended June 2025, mainly on account of cost optimisation and an increase in payment revenue.
