MobiKwik Q1 Loss Widens, Revenue Slips

  Published 11 months ago

MobiKwik posted Rs 41.9 crore loss in Q1 FY26 as revenue fell 20.7% YoY, despite sequential margin improvement.

  • Revenue dropped to Rs 271.3 crore from Rs 342.2 crore YoY; losses narrowed sequentially from Rs 56 crore in Q4.
  • Total expenses fell YoY to Rs 312.8 crore; payment gateway and employee costs both rose modestly.
  • IPO funds of Rs 214 crore were deployed; GMV hit record Rs 38,388.2 crore with 180.2M users and 4.64M merchants.
You might like these

JSW Infrastructure Expands Port Operations in Kolkata

Global AI Race & Inclusive Growth

GNG Electronics Lists with 48% Premium

IDFC First Bank Updates: Agreement & Director Terms

SEBI Eases Mega‑Cap IPO Rules

Kay Cee Energy Wins Rs 28.37 Crore Transmission Line Project

Interarch Steel Building Deal

News that matters the most ⚡