The first after listing: MobiKwik slips into loss of Rs 3.59 crore in Q2FY25, payments GMV up by 267.3% YoY

One Mobikwik Systems Ltd, the parent company of MobiKwik, on Tuesday announced its quarter earnings for Q2FY25 with a loss of Rs 3.59 crore on account of continued investments in the business for the next growth phase. It had recorded a profit of Rs 5.23 crore during the same period of previous financial year. This is the company’s first quarter results announcement after becoming a public company last year. It posted revenue from operations at Rs 290.65 crore, posting a growth of 42.86 per cent as against Rs 203.45 crore reported during the second quarter of FY24.