MobiKwik swings to Rs 7.6 crore Q1 FY27 profit as payments and lending margins rise
MobiKwik reported its third profitable quarter, reversing a Rs 42 crore loss a year earlier. Q1 FY27 GMV rose 50% YoY to Rs 58,700 crore, while UPI transactions grew 2.3x and financial-services gross profit increased 5.6x.
MobiKwik posted Rs 7.6 crore Q1 FY27 net profit, its third profitable quarter, as payments growth, lending-margin gains and cost controls lifted EBITDA. GMV reached Rs 58,700 crore, with UPI transactions up 2.3x and merchant count exceeding 5 million.
Why this matters
No related recent signals were provided. MobiKwik's Q1 FY27 result marks its third profitable quarter, reversing the year-earlier loss as payments and financial-services profitability improved.
Retail-company signals are accelerating, up 198500% QoQ.