Internet Software and Services company One97 Communications announced Q2FY24 results: 1. Financial Performance: - Revenue growth of 32% YoY - EBITDA before ESOP increased by Rs 319 Cr YoY - Net Payment Margin grew by 60% YoY 2. Payment Services: - Average Monthly Transacting Users: 9.5 Cr - Merchant Subscriptions: 92 Lakh - Value of loans distributed through the Paytm platform: Rs 16,211 Cr 3. Commerce & Cloud Services: - Commerce services GMV: Rs 2,893 Cr, up 39% YoY - Co-branded credit cards activated: 8.7 Lakh 4. Focus Areas: - Innovative products to expand mobile payments acceptance network - Expand Credit and Financial Services - Farming of online merchants, offering wider choice of payment instruments - Enabling Commerce through deals and vouchers Result PDF