Mobikwik Q2 results: Firm posts loss of ₹3.5 crore vs profit YoY, revenue at ₹291 crore

MobiKwik, which recently went public, reported a net loss of ₹3.5 crore for the September 2024 quarter, a sharp contrast to the ₹5.2 crore profit recorded in the same period last year. In the previous quarter ending June 2024, the company had reported a loss of ₹6.6 crore.

Operational revenue for the second quarter surged by 43 per cent year-on-year, reaching ₹291 crore compared to ₹203 crore in the corresponding period of the previous financial year.