One MobiKwik Systems Ltd

Net Loss of One Mobikwik Systems reported to Rs 56.04 crore in the quarter ended March 2025 as against net loss of Rs 0.67 crore during the previous quarter ended March 2024. Sales rose 1.06% to Rs 267.78 crore in the quarter ended March 2025 as against Rs 264.98 crore during the previous quarter ended March 2024. For the full year,net loss reported to Rs 121.53 crore in the year ended March 2025 as against net profit of Rs 14.08 crore during the previous year ended March 2024. Sales rose 33.73% to Rs 1170.17 crore in the year ended March 2025 as against Rs 875.00 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales267.78264.98 1 1170.17875.00 34 OPM %-21.10-0.27 --8.692.50 - PBDT-52.420.66 PL -106.7018.40 PL PBT-56.71-0.64 -8761 -119.5614.08 PL NP-56.04-0.67 -8264 -121.5314.08 PL Powered by Capital Market - Live

Through this partnership, MobiKwik will offer loans via its app to borrowers across diverse income segments in tier-2, tier-3 cities, and beyond. Poonawalla Fincorp will serve as the lender, while MobiKwik will act as the facilitator of the loan product, leveraging its tech platform to connect borrowers with much needed credit. The partnership enables MobiKwik app users pan India to access instant personal loans ranging from Rs 50,000 to Rs 15,00,000 through ZIP EMI. The loans are designed to meet various financial needs such as funding education, medical expenses, travel expenses, and other consumption purposes. Users can choose flexible repayment options ranging from 6 to 36 months. Ankur Jaipuria, CEO of Lending Business, MobiKwik, said: 'Our partnership with Poonawalla Fincorp represents a pivotal step in democratizing credit access for millions across India. We're committed to providing financial services that reach people across all strata and demography.' One MobiKwik Systems (MobiKwik) is India's largest digital wallet that offers a wide range of payments and financial products to both consumers and merchants. The company offers various payment products such as MobiKwik Wallet, UPI, Pocket UPI, and Zaakpay (payment gateway) serving 172 million-plus registered users and 4.5 million-plus merchants. The company has expanded into the distribution of financial products ranging from credit (MobiKwik ZIP, ZIP EMI), savings & investment (fixed deposits, mutual funds, digital gold, Lens.AI), and insurance products on its platform. Powered by Capital Market - Live

The collaboration is aimed at expanding access to instant personal loans for consumers and MSMEs across India via MobiKwik's ZIP EMI platform. As part of the partnership, users of the MobiKwik app will be able to avail personal loans ranging from Rs 50,000 to Rs 15 lakh, with flexible repayment tenures between 6 to 36 months. The loans are designed to serve a variety of financial needs, including education, medical expenses, travel, and other personal consumption requirements. The loan offers minimal documentation requirements and a rapid approval process, the loan is available at any time of the day, further enhancing the convenience and speed that have been hallmarks of MobiKwik's services. This initiative marks a significant step towards adopting a distribution model and expanding services to a wider audience. Through this partnership, MobiKwik will offer loans via its app to borrowers across diverse income segments in Tier 2, Tier 3 cities and beyond. Poonawalla Fincorp will serve as the lender, while MobiKwik will act as the facilitator of the loan product, leveraging its tech platform to connect borrowers with much-needed credit. Ankur Jaipuria, CEO of lending business MobiKwik, said, 'Our partnership with Poonawalla Fincorp represents a pivotal step in democratizing credit access for millions across India. We're committed to providing financial services that reach people across all strata and demography.' Vikas Pandey, chief business officer for consumer finance and head digital marketing, said, 'We are delighted to partner with MobiKwik to expand our reach and provide accessible credit solutions to a wider audience through our risk-first approach. This collaboration aligns perfectly with our mission to provide individuals across India with seamless and convenient financial services. By integrating our loan origination and servicing process with MobiKwik's extensive digital platform. This partnership enables us to leverage MobiKwik's deep penetration in Tier 2, Tier 3 cities and beyond. This strategic alignment further strengthens our commitment to responsible lending and fostering economic growth across India.' One MobiKwik Systems (MobiKwik) is India's largest digital wallet that offers a wide range of payments. Poonawalla Fincorp is a non-deposit-taking systemically important non-banking finance company (ND-SI-NBFC) registered with the Reserve Bank of India (RBI). It offers pre-owned car finance, personal loans, loans for professionals, business loans, loans against property, machinery loans, education loans, commercial vehicle loans, and shopkeeper loans. Shares of Poonawalla Fincorp rose 0.90% to Rs 388.50 on the BSE. Powered by Capital Market - Live

According to the company, the primary objective of MSBPL is to engage in the business of dealing in shares, stocks, securities, debt instruments, commodities, currencies, and their derivatives. The subsidiary will also act as a stock and commodity broker by acquiring membership with various stock and commodity exchanges, both in India and internationally. The initial paid-up share capital for MSBPL is Rs 1 lakh. The company plans to infuse an additional Rs 2 crore in one or more tranches to support the subsidiary's growth. The parent company, One Mobikwik Systems, will hold a 100% stake in the newly incorporated entity. The Ministry of Corporate Affairs, Central Processing Centre granted approval for the incorporation of Mobikwik Securities Broking on 03 March 2025. MSBPL, a wholly owned subsidiary, will fall within the purview of related party transactions. One MobiKwik Systems (MobiKwik) is India's largest digital wallet that offers a wide range of payments. The company reported consolidated net loss of Rs 55.28 crore in Q3 FY25 as compared with net profit of Rs 5.27 crore posted in Q3 FY24. However, revenue from operations jumped 17.7% YoY to Rs 269.48 crore in the quarter ended 31 December 2024. The scrip dropped 4.14% to settle at Rs 304.50 on the BSE. Powered by Capital Market - Live

Net loss of One Mobikwik Systems reported to Rs 55.28 crore in the quarter ended December 2024 as against net profit of Rs 5.27 crore during the previous quarter ended December 2023. Sales rose 17.71% to Rs 269.48 crore in the quarter ended December 2024 as against Rs 228.93 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales269.48228.93 18 OPM %-17.693.66 - PBDT-49.756.24 PL PBT-53.185.19 PL NP-55.285.27 PL Powered by Capital Market - Live

One Mobikwik Systems will hold a meeting of the Board of Directors of the Company on 4 February 2025.Powered by Capital Market - Live