India, May 20 -- 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% 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. Sequentially, the top line declined over 0.6% from INR 269.47 Cr.
Including other income of INR 10.74 Cr, MobiKwik's total revenue stood at INR 278.5 Cr during the quarter under review.
(The story will be updated soon)
The post MobiKwik Q4: Loss Surges 83.5X YoY To INR 56 Cr appeared first on Inc42 Media.
Published by HT Digital Content Services with permission from Inc 42....
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.