MobiKwik Reports ₹11.8 Cr Profit In Q2, Revenue Rises 9% YoY
MobiKwik posted operating revenue of ₹295.7 Cr (up 9.4% YoY), achieving profitability in Q2 FY27 as payment processing charges fell 10.8% and lending operational expenses declined 88.1%. The company's EBITDA improved to ₹22.7 Cr from a ₹6.4 Cr loss in the same quarter last year. This marks continued recovery after returning to profitability in Q1 FY27.
Key points
- Net profit of ₹11.8 Cr in Q2 FY27, up from ₹28.6 Cr loss year-ago
- Operating revenue grew 9.4% YoY to ₹295.7 Cr
- Payment processing charges fell 10.8% to ₹119.5 Cr
- EBITDA turned positive at ₹22.7 Cr
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