Mobikwik Posts Rs 4 Cr Profit in March Quarter

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May 12, 2026 16:20

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One Mobikwik Systems reports Rs 4.38 crore profit in March quarter FY26, driven by cost discipline. Revenue up 7.8%.
Mobikwik Posts Rs 4 Cr Profit in March Quarter
Photograph: Kind courtesy Mobikwik/Instagram
New Delhi, May 12 (PTI) Fintech firm One Mobikwik Systems logged a profit of Rs 4.38 crore in March quarter FY26 mainly on account of cost discipline, a company filing said on Tuesday.

One Mobikwik had incurred a loss of Rs 56 crore in the same period a year ago.

"The company reported its second consecutive profitable quarter, reflecting disciplined execution across its Payments and Financial Services businesses," Mobikwik said in a statement.


Revenue from operations grew 7.8 per cent to Rs 289 crore during the quarter from Rs 268 crore a year ago.

"Scaling responsibly and building profitability are not at odds; they are firmly aligned. Over the next two years, we will scale up our core business while building four new growth engines: offline and online merchant acquiring, unlocking lending through our NBFC, and AI powering everything we do. The margins generated from our core will fund the buildout of these new moats," Mobikwik, co-founder, MD and CEO, Bipin Preet Singh said.

The company posted a narrowing of loss to Rs 62.1 crore for the year ended March 31, 2026 from Rs 121.5 crore a year ago. Revenue from operations dropped 4.3 per cent to Rs 1,119.2 crore from Rs 1,170 crore.
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