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Mobikwik posts flat scale in Q4 FY25; bleeds heavily

EntrackrEntrackr · 2m ago
Mobikwik posts flat scale in Q4 FY25; bleeds heavily
Medial

Mobikwik posts flat scale in Q4 FY25; bleeds heavily Fintech platform MobiKwik reported its quarterly results for the fourth quarter of the last fiscal year (Q4 FY25) on Tuesday, showing a flat year-on-year growth. MobiKwik’s revenue from operations increased to Rs 268 crore in Q4 FY25 from Rs 265 crore in Q4 FY24, its consolidated financial statements accessed from the National Stock Exchange (NSE) show. However, Mobikwik's earnings for the full fiscal year grew 33.9% to Rs 1,192 crore in FY25, compared to Rs 890 crore in FY24. Commissions on recharges, processing, and interest on servicing loans, payment gateways, and technology platforms were the primary revenue sources for MobiKwik in Q4 FY25. However, the company did not provide an income breakdown in its quarterly report. According to the press release, MobiKwik's registered user base has grown to 176.5 million with 4.4 million new merchants. The company’s payment of GMV has also surged 2.3X year-on-year to Rs 331 billion. On the cost side, expenditures on the payment gateway were the largest cost center, accounting for 45% of the overall cost, which stood at Rs 147 crore in Q4 FY25. The cost of employee benefits and lending fees was recorded at Rs 43 crore and Rs 41 crore, respectively. Its financial guarantee, legal, advertising, finance, and other overheads took its total expenditure to Rs 324 crore in Q4 FY25 from Rs 266 crore in Q4 FY24. For instance, the Gurugram-based company posted a net profit of Rs 14 crore for the previous fiscal (FY24). In the end, Mobikwik reported a net loss of Rs 56 crore in Q4FY25, compared to a loss of Rs 60 lakhs in the same quarter of the previous fiscal year. During the full fiscal year, its bottom line was negative at Rs 121.5 crore. Mobikwik made its debut on the stock exchange last December 24 with an impressive 59% premium on its issue price on the first day of its listing. The company is currently trading at Rs 273.7 with a total market capitalization of Rs 2,126 crore or approximately $250 million.

Mobikwik losses surge 6X in Q1 FY26

EntrackrEntrackr · 7d ago
Mobikwik losses surge 6X in Q1 FY26
Medial

Mobikwik losses surge 6X in Q1 FY26 Fintech platform MobiKwik reported its quarterly results for the first quarter of the ongoing fiscal year (FY26), with revenue declining 20.8% year-on-year and losses rising over six-fold. MobiKwik’s revenue from operations decreased by 20.8% to Rs 271 crore in Q1 FY26 from Rs 342 crore in Q1 FY25. Commissions on recharges, processing, and interest on servicing loans, payment gateways, as well as platform fees were the primary revenue sources for MobiKwik in Q1 FY26. The company has 180.2 million registered users and 4.64 million merchants at the end of the first quarter (FY26). For the payments platform, payment gateway costs accounted for the largest expense, making up 46% of the total cost of Rs 143 crore in Q1 FY26. Employee benefit expenses stood at Rs 42 crore, while lending fees amounted to Rs 29 crore. MobiKwik’s financial guarantee, legal, advertising-marketing, finance, and other overheads took its total burn to Rs 313 crore in Q1 FY26. MobiKwik’s losses rose over six-fold to Rs 42 crore in Q1 FY26, compared to Rs 6.6 crore in the same quarter last year. For the fiscal year ended in March 2025, it reported a net loss of Rs 121.5 crore. Earlier this month, Mobikwik received approval from SEBI to operate as a stockbroker and clearing member through its wholly owned subsidiary, Mobikwik Securities Broking Private Limited (MSBPL). At the end of Thursday's session, Mobikwik’s stock was trading at Rs 246.80 with a total market capitalization of Rs 1,929 crore or approximately $227 million.

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