MobiKwik Q1 profit rises 76.7% QoQ as payments GMV grows 50% YoY
One MobiKwik Systems reported its third consecutive profitable quarter, with Q1 FY27 net profit at ₹7.6 crore. Payments GMV increased 50% year-on-year and lending gross profit grew 5.6 times, despite a 2.5% sequential decline in revenue.
Indian payments and digital financial-services firm MobiKwik posted its third consecutive profitable quarter, with Q1 FY27 net profit rising 76.7% QoQ to Rs 7.6 crore. Payments GMV grew 50% YoY, while lending gross profit increased 5.6 times YoY.
Why this matters
The result extends MobiKwik’s recent Q1 signal that profit rose 76.7% QoQ to ₹7.6 crore despite a revenue dip, adding payments GMV and lending-profit growth detail.
Retail-company signals are accelerating, up 226550% QoQ.