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Asia

One MobiKwik Systems Q1 Results: Co posts Rs 7.6-cr profit vs Rs 419 cr loss YoY

Markets-Economic Times · 2h ago · 🇮🇳 India

One MobiKwik Systems Q1 Results: Co posts Rs 7.6-cr profit vs Rs 419 cr loss YoY

Fintech firm MobiKwik reported a consolidated profit of Rs 7.6 crore for the April-June quarter. This marks a significant turnaround from a net loss of Rs 419.2 crore in the prior year. Revenue from operations saw a modest increase of 3.7 percent to Rs 281.48 crore. The company highlighted three consecutive profitable quarters, reinforcing its business model's embedded profitability.

Read the full story at Markets-Economic Times →

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