Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Mobikwik Q4 loss widens to Rs 56 Cr; slips into red for FY25
MobiKwik, a digital payments firm, has reported a significant widening of its net loss for the fourth quarter of the fiscal year 2025. Despite experiencing growth in its revenue during the same period, the company's expenses increased at a substantially faster rate, leading to the exacerbated losses. This financial outcome indicates challenges in achieving profitability for the fintech platform, possibly due to aggressive expansion, increased operational costs, or heightened competition in the digital payments sector. The company will likely need to re-evaluate its cost-management strategies to move towards sustainable financial performance.