One Mobikwik Systems Limited — Updates, 20-05-2025: Press Release
20-05-2025 | 02:09 am
20-05-2025 | 02:09 am
One MobiKwik Systems has announced a board meeting to review the financial results for the quarter and half-year. Payments GMV hit a record ₹1,159 billion, up 203% YoY, driven by 176.4 Mn users and 4.6 Mn merchants. Payments revenue rose 142% YoY with a 20% gross margin. EBITDA loss was 6.7% due to lower contribution margin, but margin recovery is anticipated. Key growth drivers include AI initiatives, RBI nod for Zaakpay as a payment aggregator, and a new personal loan tie-up with Piramal Finance.
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