MobiKwik Achieves ₹4.4 Crore Profit in Q4 FY26 Amid Revenue Growth
Mobikwik reports ₹4.4 cr net profit, revenue from ops up 7.8% in Q4
Business Standard
Image: Business Standard
MobiKwik, a fintech firm based in Gurugram, India, reported a consolidated net profit of ₹4.38 crore for Q4 FY26, recovering from a loss of ₹56 crore in the same quarter last year. Revenue from operations rose 7.8% to ₹288.71 crore, indicating a stable performance despite a slight decline in other income.
- 01MobiKwik reported a consolidated net profit of ₹4.38 crore in Q4 FY26.
- 02Revenue from operations increased by 7.8% year-on-year.
- 03Expenses decreased by 14% compared to the previous year.
- 04The company plans to scale its core business and develop new growth engines.
- 05Approval for an NBFC license will enable MobiKwik to launch its lending arm.
Advertisement
In-Article Ad
MobiKwik, a Gurugram-based fintech company, reported a consolidated net profit of ₹4.38 crore for the fourth quarter of the financial year 2025-26 (Q4 FY26), a significant recovery from a loss of ₹56 crore in Q4 FY25. This marks an 8.3% increase in net profit compared to ₹4.04 crore in the previous quarter (Q3 FY26). Revenue from operations rose 7.8% to ₹288.71 crore from ₹267.78 crore in Q4 FY25, although it remained almost flat compared to ₹288.94 crore in Q3 FY26. The company's expenses decreased by 14% to ₹278.62 crore from ₹324.28 crore a year ago, with payment processing costs being the largest expense, reduced by 18.9%. MobiKwik plans to enhance its core business while developing new growth engines, including launching a lending arm following the Reserve Bank of India's approval for a non-banking financial company (NBFC) license.
Advertisement
In-Article Ad
MobiKwik's profitability and revenue growth may enhance investor confidence and support job stability within the company, as it plans to scale operations and introduce new services.
Advertisement
In-Article Ad
Reader Poll
Do you believe MobiKwik's new lending arm will be successful?
Connecting to poll...
Read the original article
Visit the source for the complete story.