Digital wallet provider MobiKwik, listed last month, on Tuesday (January 7, 2024) reported a loss of ₹3.59 crore during the second quarter that ended September 2024 as against ₹6 crore standalone profit recorded in the same quarter a year ago.
This is the first quarterly announcement after One MobiKwik Systems Ltd. got listed on the bourses at a huge premium of 57.7% per share compared to its allotment price.
During the reporting quarter, total income of the company increased to ₹294 crore as against ₹207 crore at the end of September 2023, One MobiKwik Systems Ltd. said in a regulatory filing.
Read more at: The Hindu
