Brands
Mobikwik sees Rs 419 million Q1 loss despite revenue crossing Rs 2,700M
MUMBAI: Wallet lightens despite wallet biz boom Mobikwik’s Q1 balance isn’t adding up just yet. One Mobikwik Systems posted a consolidated net loss of Rs 419.2 million for the quarter ended 30 June 2025, nearly doubling its loss from the same quarter last year (Rs 66.15 million), despite generating revenues of Rs 2,713.63 million from operations. While revenue held steady quarter-on-quarter, rising marginally from Rs 2,677.84 million in Q4 FY25, expenses continued to outpace topline growth.
The company’s total income stood at Rs 2,816.16 million in Q1 FY26, including Rs 102.53 million in other income. However, total expenses surged to Rs 3,128.17 million, driven by high payment gateway costs (Rs 1,427.82 million) and financial guarantee expenses (Rs 213.88 million), the latter jumping over 700 per cent from the Rs 25.27 million reported in Q1 FY25. Operational expenses for the lending business also remained significant at Rs 291.82 million.
Earnings before interest, tax, depreciation and amortisation (EBITDA) came in at a negative Rs 312.01 million, narrowing the loss from Rs 457.61 million in the previous quarter but falling sharply from a positive Rs 22.3 million a year ago.
Finance costs rose to Rs 78.27 million, while depreciation and amortisation were at Rs 28.57 million for the quarter. Loss before tax stood at Rs 418.85 million.
MobiKwik’s initial public offering (IPO), completed in December 2024, raised Rs 5,305.17 million (net of expenses). Of this, only Rs 2,140 million has been utilised so far, leaving Rs 3,165.17 million unspent. Key deployment areas included Rs 459.5 million for financial services growth and Rs 699 million for the payments vertical. Investments in R&D (Rs 307.6 million), capex for payment devices (Rs 23.9 million), and general corporate purposes (Rs 650 million) accounted for the rest.
Employee benefit expenses remained flat at Rs 419.55 million, while other expenses (Rs 775.1 million) included brand, tech, and operational overheads.
Diluted earnings per share (EPS) stood at negative Rs 5.39, compared to negative Rs 8.88 in Q4 and negative Rs 1.16 in Q1 FY25.
Mobikwik granted 3,27,688 new stock options in the quarter under its 2014 ESOP plan and saw 4,65,873 options exercised. The company’s paid-up equity share capital rose to Rs 156.38 million post IPO.
Despite widening losses, the company said it continues to operate as a single segment player across digital financial and payment services, and remains focused on sustainable growth and technology investments. With Rs 1,040.5 million still earmarked for financial services and Rs 762.4 million for R&D, MobiKwik appears to be playing the long game even if short-term results are deep in the red.
Brands
EcoMedia Solutions launches EcoMeter to track carbon impact in media
New tool aims to bring real data and accountability to ads and events
GURUGRAM: EcoMedia Solutions has rolled out EcoMeter, a new solution designed to bring sharper carbon accountability to advertising, media, marketing and events.
Built on its proprietary EMS platform, EcoMeter aims to help brands and agencies measure the environmental impact of campaigns and on-ground activations using real-world data rather than broad estimates.
The move comes as sustainability gains traction across boardrooms, even as measurement within the advertising ecosystem remains patchy and often reliant on spend-based assumptions. EcoMeter attempts to change that by using localised emission factors and activity-based inputs, offering a more grounded view of carbon output.
“Today, most carbon calculations in our industry are derived from spends or broad averages. That does not reflect what is actually happening on the ground,” said EcoMedia Solutions founder & CEO Rumjhum Gupta. She added that the tool factors in variables such as location, execution and materials to deliver a more accurate picture.
The platform allows users to compare media choices based on environmental impact, plan lower-carbon campaigns and generate data-backed ESG and BRSR reports. It spans formats including OOH, DOOH, print, digital and live events, bringing sustainability into the same decision-making framework as cost and performance.
EcoMedia Solutions says the larger goal is to move the industry beyond surface-level sustainability claims towards measurable action. As scrutiny from consumers, investors and regulators intensifies, tools like EcoMeter could play a key role in helping brands back intent with credible data.
With this launch, the company is betting that the next big metric in advertising will not just be reach or ROI, but impact that can be counted in carbon.
