One 97 Communications Board Approves Financial Results, ₹1000 Cr Investment
One 97 Communications Limited's Board of Directors has approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The company also approved additional investments of up to INR 500 Crores in its wholly-owned subsidiary, Paytm Cloud Technologies Limited (PCTL), and a further up to INR 500 Crores in PCTL's subsidiary, Paytm Singapore Pte. Ltd., over the next twelve months. These funds are earmarked for working capital, investments, and business expansion. Additionally, the Board approved Default Loss Guarantee (DLG) on loans disbursed by lending partners and provided an update on the National Payments Corporation of India (NPCI) circular regarding Merchant Discount Rate (MDR), expecting an indicative uplift of approximately 2.5 bps in overall Payments Processing Margin.
Key Highlights
- Board approved Q2 FY27 unaudited financial results.
- Company to invest up to ₹1000 Crores in subsidiaries over 12 months.
- Investments to support working capital and business expansion.
- Update provided on NPCI MDR implementation and expected margin uplift.
- Default Loss Guarantee approved for loan distribution partners.
Price Impact
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