MobiKwik posts Rs 269 Cr revenue and Rs 55 Cr loss in Q3 FY25

MobiKwik, a leading Indian digital wallet company, reported a revenue of Rs 269 crore for the third quarter of FY25, along with a loss of Rs 55 crore. Despite the loss, the company's revenue showed a strong growth trajectory, indicating resilience in the competitive digital payments sector. MobiKwik attributed the loss to increased investments in expanding its user base and technological advancements. The report highlights the growing importance of digital financial services in India and the challenges faced by fintech companies in balancing growth with profitability.