MobiKwik Posts ₹7.6 Cr Profit In Q1, Revenue Up 3.7% YoY
Fintech company MobiKwik reported a consolidated net profit of ₹7.6 Cr in Q1 FY27 as against a net loss of…
MobiKwik, a fintech company, reported a consolidated net profit of ₹7.6 crore in Q1 FY27, marking a significant turnaround from a net loss of ₹41.9 crore in the same period last year. Sequentially, profit grew by over 72% to ₹4.4 crore. Operating revenue rose marginally by 3.7% to ₹281.5 crore during the quarter, down 2.5% on a quarter-over-quarter basis.
Total expenses excluding finance costs and depreciation and amortisation decreased by 12.6% YoY to ₹273.4 crore, contributing to an EBITDA of ₹15.8 crore, a stark contrast to the EBITDA loss of ₹31.2 crore in Q1 FY26.
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