MobiKwik Slips Into Red, Posts INR 55 Cr Loss In Q3

MobiKwik reported a consolidated net loss of INR 55.28 Cr in Q3 FY25 against a profit of INR 5.27 Cr in the year-ago quarter

On a quarter-on-quarter basis, net loss zoomed multifold from INR 3.59 Cr

While operating revenue jumped 18% YoY to INR 269.47 Cr, it declined 7% on a sequential basis

Fintech major MobiKwik slipped into the red in the third quarter of the fiscal year 2024-25 (Q3 FY25). The company reported a consolidated net loss of INR 55.28 Cr during the quarter under review against a profit of INR 5.27 Cr…