Fintech agency One Mobikwik on Tuesday reported a consolidated lack of Rs 55.28 crore within the third quarter ended December 2024, primarily because of enhance in fee gateway price.
One Mobikwik had posted a revenue of Rs 5.27 crore in the identical interval a 12 months in the past, based on the corporate’s regulatory submitting.
The fee gateway price of One Mobikwik jumped about three-fold to Rs 143.7 crore in the course of the reporting interval from Rs 50.83 crore within the December 2023 quarter.
The consolidated income from operation elevated by about 18 per cent to Rs 269.47 crore within the newest third quarter from Rs 228.93 crore within the year-ago interval.
One Mobikwik mentioned its funds gross merchandise worth (GMV) in the course of the quarter grew manifold to Rs 29,400 crore from Rs 9,600 crore a 12 months in the past and its funds income greater than doubled to Rs 196.5 crore from Rs 73.9 crore on a 12 months on 12 months foundation.
“MobiKwik continues to make vital investments in product innovation and improvement, mirrored in our robust progress within the funds enterprise. We proceed to see wholesome margins throughout companies, supporting total progress. With a profitable IPO behind us and entry to further capital, we’re assured of driving the enterprise in the direction of long-term worth creation and worthwhile progress,” mentioned Upasana Taku, Government Director, Co-founder and CFO, One MobiKwik Programs.
The registered consumer base grew by about 14 per cent to 17.2 crore in December 2024 quarter from 15.1 crore in the identical interval a 12 months in the past.
One Mobikwik reported a 16.2 per cent YoY progress in its service provider base to 45.1 lakh from 38.8 lakh a 12 months in the past.
