Are One Mobikwik latest results good or bad?

One Mobikwik Systems has reported its financial results for the quarter ending June 2025, which indicate a challenging operational environment. The company's Profit Before Tax (PBT) was recorded at Rs -52.14 crore, representing a decline compared to the average PBT of the previous four quarters. Similarly, the Profit After Tax (PAT) also showed a decrease, standing at Rs -41.92 crore, which is lower than the average PAT from the prior quarters.
In terms of net sales, One Mobikwik reported Rs 271.36 crore, reflecting a decline from the average net sales of the last four quarters. However, when looking at the quarter-on-quarter performance, there was a slight growth in net sales of 1.48% compared to the previous quarter, which had a negative growth rate. Additionally, the standalone net profit showed a quarter-on-quarter growth of 28.50%, although it remains in negative territory.

The operating profit margin, excluding other income, was negative, indicating ongoing challenges in profitability. Overall, the financial results suggest that One Mobikwik is navigating a difficult landscape, and the company has experienced an adjustment in its evaluation based on these results.