One MobiKwik Systems Ltd. reported a sharp sequential jump in profit for the June quarter, even as revenue and operating profit declined.
Consolidated net profit rose 76.7% quarter-on-quarter to Rs 7.6 crore from Rs 4.3 crore in the March quarter. Revenue from operations, however, declined 2.5% sequentially to Rs 281 crore, compared with Rs 289 crore in the previous quarter.
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
ALSO READ: Cigarette Stocks Rally: Godfrey Phillips, ITC Gain Up To 6%; Here's Why
Reported EBITDA fell 9.8% quarter-on-quarter to Rs 15.7 crore from Rs 17.4 crore, indicating some pressure on operating performance despite the improvement in bottom-line profitability.
One MobiKwik Systems Ltd. is a digital payments and financial services company that operates the MobiKwik wallet and offers products across credit, insurance, investments and merchant payments through its platform.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.