Loss Surges 83.6X YoY To INR 56 Cr

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SUMMARY

On a quarter-on-quarter (QoQ) basis, MobiKwik’s net loss grew 1.3% from INR 53.1 Cr

Operating revenue rose a mere 1% to INR 267.78 Cr in the March quarter of FY25 from INR 264.98 Cr in the same quarter last year

Including other income of INR 10.74 Cr, MobiKwik’s total revenue stood at INR 278.5 Cr during the quarter under review

Fintech major MobiKwik saw its net loss zoom 83.5X to INR 56.03 Cr in Q4 FY25 from a loss of INR 67.1 Lakh in the year-ago period. 

On a quarter-on-quarter (QoQ) basis, net loss grew 1.3%…



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Loss Surges 83.6X YoY To INR 56 Cr


SUMMARY

On a quarter-on-quarter (QoQ) basis, MobiKwik’s net loss grew 1.3% from INR 53.1 Cr

Operating revenue rose a mere 1% to INR 267.78 Cr in the March quarter of FY25 from INR 264.98 Cr in the same quarter last year

Including other income of INR 10.74 Cr, MobiKwik’s total revenue stood at INR 278.5 Cr during the quarter under review

Fintech major MobiKwik saw its net loss zoom 83.5X to INR 56.03 Cr in Q4 FY25 from a loss of INR 67.1 Lakh in the year-ago period. 

On a quarter-on-quarter (QoQ) basis, net loss grew 1.3%…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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