India, May 21 -- 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 Cr against a profit of INR 14.1 Cr in FY24

Top line grew 33.7% YoY to INR 1,170.2 Cr in FY25

Behind The Soaring Losses: The fintech bloated its losses due to a decline in its financial services...