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Incorporated in 2009, MOS Utility Ltd is a fintech company which offers a Unified Open API and Wallet platform
MOS Utility's board approved audited FY26 consolidated revenue of ₹535.24 Cr and PAT of ₹18.53 Cr. Standalone revenue was ₹241.07 Cr, PAT ₹14.87 Cr. Financials included prior period restatements. A new Secretarial Auditor, M/s. Pooja M Patel & Associates, was appointed.
MOS Utility partners with Thomas Cook to generate customer leads for foreign exchange products. MOS leverages its pan-India network for forex cards and remittances, while Thomas Cook handles all transaction processing. This expands MOS's service portfolio.
MOS Utility reports Q3 financial results: Consolidated revenue ₹166.08 Cr, profit ₹4.35 Cr. The company appointed Chirag Shah as new CFO and SHARP S & Co. as Internal Auditor.
MOS Utility secured a Business Correspondent agreement with Jio Payments Bank. This partnership boosts access to core banking and digital financial services, including AePS, for urban and rural users via MOS's extensive network, enhancing financial inclusion.
MOS Utility partnered with nStore to expand digital lending (personal/gold loans) via its merchant network. This strategic collaboration aims to boost financial inclusion in semi-urban/rural areas and is expected to contribute to revenue and profitability growth.