Shares of MobiKwik Systems surged by 15.3% after the Reserve Bank of India granted approval for its Non-Banking Financial Company (NBFC) license. This approval allows MobiKwik to launch its lending arm, MobiKwik Financial Services Private Limited (MFSPL), aimed at expanding its regulated lending operations. The NBFC structure will enable the introduction of new credit products and improve execution speed through enhanced go-to-market capabilities. MobiKwik plans to leverage its technology platform and AI-led underwriting to scale its credit offerings, focusing on both secured and unsecured lending products for consumers and micro, small, and medium enterprises (MSMEs). The company's strategy emphasizes financial inclusion, particularly in Tier 2 and Tier 3 markets. On a consolidated basis, MobiKwik reported a net profit of ₹4.05 crore for Q3 December 2025, a significant turnaround from a loss of ₹55.28 crore in the same quarter the previous year. Total income also rose by 8.29% year-on-year to ₹297.22 crore.