India's MobiKwik gains most in over 3 weeks after returning to profit
03/08/2026 06:55
BUZZ-India's MobiKwik gains most in over 3 weeks after returning to profit ** Shares of One MobiKwik Systems ONEM.NS rise 6% to 217.4 rupees, their sharpest gain in over 3 weeks
** Digital banking platform posts Q1 consol profit of 76.2 million rupees ($800,693.51) vs 4.19 billion rupees loss a year ago; rev up 3.7%
** Lower payment processing charges drove a 12.6% decline in total expenses, helping co return to profit
** Stock down 9.4% YTD
($1 = 95.1675 Indian rupees)
(Reporting by Aleef Jahan in Bengaluru)
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