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MobiKwik turns profitable in FY24, revenue jumps 62% to ₹875 cr
short by / on Tuesday, 20 August, 2024
IPO-bound fintech unicorn MobiKwik turned profitable in the financial year 2023-24 (FY24), posting a net profit of ₹14.1 crore as against a net loss of ₹83.19 crore in the previous fiscal year on the back of strong business growth. The fintech startup’s revenue from operations zoomed 62% to ₹875 crore during the year under review.
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