Fintech stock jumps 8% after it announces 42% YoY increase in revenueFintech stock jumps 8% after it announces 42% YoY increase in revenue

Introduction:

Fintech stock reported strong Q2FY25 performance with a 42% YoY income growth to ₹2,937 Mn. The board approved unaudited financial results and related disclosures, highlighting consistent growth and regulatory compliance.

Share Price movement of One MobiKwik Systems:

On January 7, 2025, One MobiKwik Systems Ltd opened at ₹565.10, reaching an intraday high of ₹607.00 and a low of ₹553.70. The current price is ₹604.80, up 7.79% from the previous close of ₹561.10, with a market cap of ₹4,698.47 crore.

One MobiKwik Systems share price rise:

The Board of Directors of One MobiKwik Systems Limited, in their meeting on January 7, 2025, approved the unaudited financial results for the quarter and half year ended September 30, 2024. The meeting was held from 10:40 a.m. to 11:40 a.m. IST.

The financial results, accompanied by the auditors’ limited review report, will be published on the company’s website and in newspapers as required under SEBI regulations. The earnings presentation and press release highlighting a 42% YoY income growth in Q2FY25 were also approved.

The press release, titled “MobiKwik reports strong income growth in Q2FY25 at INR 2,937 Mn, up 42% YoY,” along with the earnings presentation, is available on the company’s website for investor reference and regulatory compliance.

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Recent news About One MobiKwik Systems:

On January 2, 2025, One MobiKwik Systems Ltd announced its Registrar and Transfer Agent’s name change from Link Intime India Private Limited to MUFG Intime India Private Limited, effective December 31, 2024. Address and contact details remain unchanged.

Stock performance of One MobiKwik Systems for Period of 1 week:

One MobiKwik Systems stock performance over the past week showed a decline of 4.27%. This short-term dip highlights recent market fluctuations, reflecting a challenging period for the stock despite its strong fundamentals and growth potential in the automotive components sector.

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Shareholding pattern of One MobiKwik Systems:

Summary	Dec 16, 2024
Promoter	25.20%
FII	9.00%
DII	14.30%
Public	51.50%

About One MobiKwik Systems:

One MobiKwik Systems is a leading fintech company offering digital payment solutions, mobile wallets, and Buy Now Pay Later (BNPL) services. Focused on innovation, it empowers users with secure transactions, seamless financial services, and robust credit access across India.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.