MobiKwik reports Rs 11.83 Cr profit in Q2; Indian female workforce growth lacks quality jobs
MobiKwik’s revenue rose 9.4% year-on-year (YoY) to Rs 295.70 crore. The company attributed the quarter’s performance to higher gross merchandise value (GMV) growth and improved margins.
MobiKwik reported a profit of Rs 11.83 crore in Q2 of FY27, marking its fourth consecutive profitable quarter and highest quarterly profit. The company's revenue grew 9.4% year-on-year (YoY) to Rs 295.70 crore, driven by higher gross merchandise value (GMV) growth and improved margins. MobiKwik's payment business recorded a 35% YoY growth in GMV to Rs 59,677 crore in Q2 FY27. The registered user base increased to 196.3 million in Q2 FY27, compared to 183.5 million in the same period last fiscal.
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Also reported by 1 other outlet
- Indian fintech firm MobiKwik swings to $1.25m profit in Q2 techinasia.com
