MobiKwik Reports ₹11.8 Cr Profit In Q2, Revenue Rises 9% YoY

by · Inc42

SUMMARY

  • MobiKwik swung to a consolidated net profit of ₹11.8 Cr in Q2 FY27 from a ₹28.6 Cr loss a year earlier, with operating revenue rising 9.4% YoY.
  • Lower payment processing charges and lending operational expenses helped the fintech company improve profitability despite higher employee costs and financial guarantee expenses.
  • Net profit increased 55.4% sequentially, while operating revenue grew 5.1% from the June quarter.