MobiKwik’s Sombre Q4, Nazara’s Acquisition Spree & More

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Staganation Bites MobiKwik’s Q4

MobiKwik has reported a sombre Q4 FY25. The fintech major’s net loss zoomed 83.5X YoY to INR 56.03 Cr while operating revenue remained flat, up a mere 1% YoY to INR 267.78 Cr in the March quarter. 

Here are the key takeaways from MobiKwik’s Q4 FY25 financials:

  • Including other income of INR 10.74 Cr, MobiKwik’s total revenue stood at INR 278.52 Cr 
  • MobiKwik’s total expenses jumped 22% YoY to INR 324.28 Cr in Q4 
  • For the full FY25, the fintech platform slipped into the red with a loss of INR 121.53…



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MobiKwik’s Sombre Q4, Nazara’s Acquisition Spree & More


Staganation Bites MobiKwik’s Q4

MobiKwik has reported a sombre Q4 FY25. The fintech major’s net loss zoomed 83.5X YoY to INR 56.03 Cr while operating revenue remained flat, up a mere 1% YoY to INR 267.78 Cr in the March quarter. 

Here are the key takeaways from MobiKwik’s Q4 FY25 financials:

  • Including other income of INR 10.74 Cr, MobiKwik’s total revenue stood at INR 278.52 Cr 
  • MobiKwik’s total expenses jumped 22% YoY to INR 324.28 Cr in Q4 
  • For the full FY25, the fintech platform slipped into the red with a loss of INR 121.53…



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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