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MobiKwik posts highest-ever quarterly PAT of Rs 11.8 Cr in Q2 FY27

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MobiKwik posts highest-ever quarterly PAT of Rs 11.8 Cr in Q2 FY27

Fintech platform MobiKwik announced its results for the second quarter of the financial year ending March 2027 (Q2 FY27). The company reported a year-on-year increase of over 9% in operating revenue and posted its highest-ever quarterly profit after tax (PAT) of Rs 11.8 crore.

MobiKwik's revenue from operations increased to Rs 295.7 crore in Q2 FY27 from Rs 270.2 crore in Q2 FY26, its unaudited financial statements accessed from the National Stock Exchange (NSE) show.

The company’s total income stood at Rs 302.7 crore in Q2 FY27, compared to Rs 279.3 crore a year earlier, including Rs 7 crore earned through non-operating income.

MobiKwik's key revenue contributors included commissions from recharges and loan servicing, along with income from payment gateway and technology platform services. However, the company did not disclose a segment-wise revenue breakup in its quarterly filing.

On a sequential basis, the company's operating revenue grew 5% from Rs 281.5 crore in Q1 FY27.

The company's platform gross merchandise value (GMV) increased 35% year-on-year to an all-time quarterly high of Rs 59,677 crore in Q2 FY27, compared to Rs 44,114 crore in the corresponding quarter last year. Lending disbursals also grew 34% to Rs 1,082.6 crore from Rs 807.1 crore during the same period.

For the fintech firm, payment gateway charges remained MobiKwik's largest expense in Q2 FY27, accounting for over 42% of its total costs. Employee benefit expenses surged 59% to Rs 56.2 crore during the quarter.

3 crore, while legal, advertising and marketing, finance and other overheads contributed to its overall expenditure.


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