MobiKwik Reports Rs.11.8 Cr Profit In Q2, Revenue Rises 9% YoY
India, Nov. 2 -- Fintech company MobiKwik reported a consolidated net profit of Rs.11.8 Cr in the September quarter of FY27 as against a net loss of Rs.28.6 Cr a year earlier, supported by revenue growth and lower payment processing and lending operational costs.
Operating revenue rose 9.4% to Rs.295.7 Cr from Rs.270.2 Cr in Q2 FY26.
Sequentially, net profit increased 55.4% from Rs.7.6 Cr, while operating revenue grew 5.1% from Rs.281.5 Cr.
The company had returned to profitability in Q1 FY27 following a loss in the corresponding quarter a year earlier.
Other income declined 22.5% to Rs.7.1 Cr from Rs.9.1 Cr. Including other income, total income increased 8.4% to Rs.302.8 Cr.
Total expenses, including finance costs and depreciation, ...
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