Mobikwik Q4 loss widens to Rs 56 Cr; slips into red for FY25

Digital financial services platform Mobikwik saw its losses widen to Rs 56.03 crore in Q4 FY25 compared to a marginal loss of Rs 67 lakh a year earlier, the company said on Tuesday.

According to filings, revenue from operations in the quarter stood at Rs 267.78 crore, up only 1.1% from Rs 264.98 crore in Q4 FY24. However, total expenses surged 22% to Rs 324.28 crore during the period, up from Rs 265.7 crore a year ago.

For the full fiscal year, Mobikwik swung to a loss of Rs 121.52 crore in FY25, compared to a profit of Rs 14.07 crore in FY24. The company’s annual revenue rose 33.7% to Rs 1,170.17 crore, while expenses jumped nearly 49.1% to Rs 1,271.88 crore.

(This is a developing story. The copy will be updated with additional details.)