Mobikwik continues profitable streak for second quarter in a row

Digital payments and financial services company Mobikwik on Thursday said it has posted its second consecutive quarterly profit and seen growth in revenue, driven by sharper focus on its credit strategy.

For the quarter ended September 30, Gurugram-based Mobikwik recorded a revenue of Rs 208 crore, up 17% from the previous quarter, while total profit stood at Rs 5 crore.