One Mobikwik Systems ends higher after recording net profit of Rs 7.6 crore in Q1
Mumbai, Aug. 3 -- Revenue from operations for the period under review was Rs 281.5 crore, up 4% YoY. Platform GMV was Rs 58.7 crore (up 50% YoY) and ZIP EMI GMV was Rs 736.7 crore (up 6% YoY) in Q1 FY27.
Total operating expenses fell by 12.6% to Rs 273.38 crore in Q1 FY27 from Rs 312.82 crore in Q1 FY26.
The company has recorded a positive EBITDA of Rs 15.77 crore in Q1 FY27 as against an EBITDA loss of Rs 31.20 crore in Q1 FY26.
Pre-tax profit for the June'26 quarter was Rs 7.64 crore. The company had posted a pre-tax loss of Rs 41.88 crore in the same period last year.
Bipin Preet Singh, co-founder, MD & CEO, MobiKwik, said: "Our Q1 FY27 performance reinforces that profitability is embedded in our business model, with three consecut...
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