MobiKwik shares zoom 10% as fintech firm posts record Rs 12 crore profit in Q2

Revenue from operations increased 9% year-on-year to Rs 1,082.6 crore in the quarter under review.Mobikwik also posted its highest-ever quarterly EBITDA at Rs 22.7 crore, marking a sharp YoY turnaround from an EBITDA loss of Rs 6.4 crore in the corresponding quarter of FY26. The latest quarter marked the company’s fourth consecutive profitable quarter. The company said its strong performance was driven by accelerating GMV growth and improved operating margins.

Lending disbursal GMV meanwhile increased 34% YoY to Rs 1,083 crore. Improved margins across payments and financial services resulted in a contribution profit of Rs 143.9 crore, up 50% YoY, the company said in a press release.Live Events“Q2 FY27 marks our fourth consecutive profitable quarter, reflecting the rapid progress we are making towards building a sustainable business,” said Bipin Preet Singh, Co-founder, MD & CEO, MobiKwik.

He highlighted that the company has crossed the Rs 1,000 crore milestone in lending disbursals and clocked 150% year-on-year revenue growth in merchant payments.“We believe that the operating leverage in our business model will compound as we evolve into an AI-first company. Our continued focus on cost optimization and operating efficiency is further strengthening our operating model and will drive profitability as we scale,” he added.MobiKwik is also ramping up its AI usage, which now generates 92% of the Company's code, up from 80% in the previous quarter, contributing to a 55% faster go to market, the company said in its press release.

99 apiece on NSE on Monday afternoon after the release of the results. The stock has gained 5% in a week and more than 14% in a month. It has overall fallen nearly 3% in 2026 so far.In the longer term, the shares of the company dropped over 14% in one year. The company has a market capitalisation of around Rs 1,790 crore.Disclaimer: This article has been written by Debaroti Adhikary, who is not a SEBI-registered Research Analyst or an Investment Adviser.

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