MobiKwik Posts ₹7.6 Cr Profit In Q1, Revenue Up 3.7% YoY
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Fintech company MobiKwik reported a consolidated net profit of ₹7.6 Cr in Q1 FY27 as against a net loss of ₹41.9 Cr in the year-ago period. Sequentially, profit grew over 72% from ₹4.4 Cr.
Operating revenue rose a marginal 3.7% to ₹281.5 Cr during the quarter under review from ₹271.4 Cr in the year-ago quarter. On a QoQ basis, it declined 2.5% from ₹288.7 Cr.
Including other income of ₹7.7 Cr, total income for the quarter stood at ₹289.2 Cr.
Total expenses, excluding finance costs and depreciation and amortisation, stood at ₹273.4 Cr in Q1 FY27, down 12.6% YoY.
MobiKwik’s EBITDA for the quarter stood at ₹15.8 Cr against an EBITDA loss of ₹31.2 Cr in Q1 FY26. EBITDA stood at ₹17.4 Cr in the preceding March quarter.
(The story will be updated soon)
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