MobiKwik Q2 FY27 Results: ₹11.8 Cr Net Profit, Revenue Up 9.4%
6 Cr in the same quarter a year earlier.
MobiKwik reported a consolidated net profit of ₹11.8 Cr for the September quarter of FY27, against a net loss of ₹28.6 Cr in the same quarter a year earlier.
Operating revenue rose 9.4% to ₹295.7 Cr from ₹270.2 Cr in Q2 FY26. Including other income, which fell 22.5% to ₹7.1 Cr, total income rose 8.4% to ₹302.8 Cr.
Against the June quarter, net profit increased 55.4% from ₹7.6 Cr, and operating revenue grew 5.1% from ₹281.5 Cr. The company had already returned to profitability in Q1 FY27, after a loss in the corresponding quarter a year earlier.
Total expenses, including finance costs and depreciation, were ₹290.9 Cr, down 1.8% from ₹296.1 Cr. Payment processing charges, MobiKwik’s largest expense, fell 10.8% to ₹119.5 Cr from ₹133.9 Cr.
Lending operational expenses dropped 88.1% to ₹1.5 Cr from ₹12.8 Cr. EBITDA stood at ₹22.7 Cr, up from ₹15.8 Cr in the June quarter, against an EBITDA loss of ₹6.4 Cr a year earlier.
Lower payment processing charges and lending operational expenses helped the fintech company improve profitability, even as higher employee costs and financial guarantee expenses weighed on results.
