{
  "id": 17774191,
  "title": "MobiKwik Reports ₹11.8 Cr Profit In Q2, Revenue Rises 9% YoY",
  "url": "https://urgent.news/2026/11/02/mobikwik-reports-11-8-cr-profit-in-q2-revenue-rises-9-yoy",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-02T08:02:20.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/mobikwik-reports-%e2%82%b911-8-cr-profit-in-q2-revenue-rises-9-yoy/"
  },
  "original_language": "en",
  "account": "Indian fintech firm MobiKwik announced a consolidated net profit of ₹11.8 Crore for the September quarter of FY27, marking a turnaround from a net loss of ₹28.6 Crore in the same period last year. The company attributes this improvement to increased revenue and reduced operational costs.\n\nMobiKwik's operating revenue climbed 9.4% to ₹295.7 Crore in Q2 FY27, up from ₹270.2 Crore in the previous quarter of FY26. On a sequential basis, net profit surged 55.4% to ₹7.6 Crore, while operating revenue expanded 5.1% from ₹281.5 Crore.\n\nIn Q1 FY27, MobiKwik returned to profitability after incurring losses in the same quarter a year earlier. Other income decreased by 22.5% to ₹7.1 Crore, but total income still rose by 8.4% to ₹302.8 Crore when including other income. Total expenses, encompassing finance costs and depreciation, decreased by 1.8% to ₹290.9 Crore compared to ₹296.1 Crore in the previous quarter.\n\nPayment processing charges, MobiKwik's primary expense, fell 10.8% to ₹119.5 Crore in Q2 FY27, down from ₹133.9 Crore. Lending operational expenses dropped by an impressive 88.1% to ₹1.5 Crore, a stark contrast to ₹12.8 Crore in the prior quarter. MobiKwik reported an EBITDA of ₹22.7 Crore, a significant improvement from an EBITDA loss of ₹6.4 Crore in Q2 FY26. Sequentially, EBITDA also increased from ₹15.8 Crore.",
  "summary": "Fintech company MobiKwik reported a consolidated net profit of ₹11.8 Cr in the September quarter of FY27 as against a…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}