MobiKwik Q2 Profit Is Rs 11.8 Crore Against Last Year's Loss
The fintech company reported revenue from operations of Rs 295.7 crore for the quarter ended 30 September 2026.
Key Takeaways
- MobiKwik's Q2 FY27 consolidated net profit was Rs 11.8 crore.
- It had a net loss of Rs 28.6 crore in Q2 FY26.
- Revenue from operations was Rs 295.7 crore, up about 9.4% from Rs 270.2 crore.
- Q1 FY27 profit was Rs 7.6 crore.
- The lending service provider business moved to a subsidiary on 18 August 2026.
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MobiKwik reported a consolidated net profit of Rs 11.8 crore for the second quarter of FY27, the quarter ended 30 September 2026. In the same quarter last year, the company had a consolidated net loss of Rs 28.6 crore.
Revenue from operations was Rs 295.7 crore, up about 9.4% from Rs 270.2 crore in Q2 FY26. The results were reported on 2 November 2026.
MobiKwik Q2 FY27 at a glance
| Detail | MobiKwik |
|---|---|
| Quarter | Q2 FY27 (quarter ended 30 September 2026) |
| Consolidated net profit | Rs 11.8 crore |
| Consolidated net loss in Q2 FY26 | Rs 28.6 crore |
| Revenue from operations | Rs 295.7 crore |
| Revenue from operations in Q2 FY26 | Rs 270.2 crore |
| Growth in revenue from operations, year on year | About 9.4% |
How MobiKwik's profit moved from quarter to quarter
MobiKwik reported a consolidated net profit of Rs 7.6 crore in Q1 FY27, against a loss of Rs 41.9 crore in Q1 FY26. Its revenue from operations in Q1 FY27 was Rs 281.5 crore.
| Quarter | Consolidated result | Revenue from operations |
|---|---|---|
| Q2 FY26 | Loss of Rs 28.6 crore | Rs 270.2 crore |
| Q1 FY27 | Profit of Rs 7.6 crore | Rs 281.5 crore |
| Q2 FY27 | Profit of Rs 11.8 crore | Rs 295.7 crore |
MobiKwik moves its lending service provider business to a subsidiary
MobiKwik transferred its lending service provider business to its wholly-owned subsidiary, Mobikwik Distribution Services Private Limited, through a slump sale on 18 August 2026. The subsidiary paid for the transfer by issuing non-convertible debentures to MobiKwik.
Where MobiKwik stands after its Q2 FY27 results
MobiKwik has now reported a consolidated profit in both Q1 and Q2 of FY27, with Rs 7.6 crore in the first and Rs 11.8 crore in the second. Its revenue from operations rose from Rs 281.5 crore in Q1 to Rs 295.7 crore in Q2.
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Frequently Asked Questions
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