MobiKwik swings to ₹4.4 Cr Q4 profit; FY26 still bleeds ₹62 Cr as stock dives 11%
MobiKwik turned profitable in Q4 FY26 with ₹4.4 Cr PAT versus a ₹56 Cr loss YoY, on revenue of ₹288.7 Cr (+7.8%). Payments GMV hit ₹52,400 Cr and merchant base reached 4.92 Mn. Yet FY26 closed with a ₹61.9 Cr loss and shares slid 10.99% to ₹202.45 as investors weighed the FY28 10X merchant revenue target.
MobiKwik swung to ₹4.4 Cr Q4 profit on 8% revenue growth, with payments GMV up 9% and merchant base at 4.92 Mn. It targets 10X merchant payments revenue by FY28 via QR, Soundbox, UPI and Zaakpay.