MobiKwik Q2 Results 2026: Record ₹11.8 Crore Profit

MobiKwik Q2 results 2026 are out, and the Gurugram-based fintech has posted its best quarter yet. One MobiKwik Systems Ltd reported a profit after tax (PAT) of ₹11.8 crore for the July–September 2026 quarter (Q2 FY27), against a loss of ₹28.6 crore a year earlier. It was the company's fourth profitable quarter in a row, according to the press release it filed with the NSE and BSE on 2 November 2026.

MobiKwik Q2 results 2026: the key numbers

Here is what MobiKwik reported for Q2 FY27, compared with Q2 FY26:

• PAT: ₹11.8 crore, up from a loss of ₹28.6 crore, a swing of ₹40.4 crore. PAT was also up 55% from the previous quarter.
• EBITDA: ₹22.7 crore, against a loss of ₹6.4 crore. The EBITDA margin was 7.5%, up from -2.3% a year ago and 5.5% in Q1 FY27.
• Revenue from operations: ₹295.7 crore, up 9% from ₹270.2 crore. Total income was ₹302.8 crore.
• Contribution profit: ₹143.9 crore, up 50%, with the contribution margin at 47.5%.

Both the PAT and the EBITDA are the highest MobiKwik has ever reported for a quarter, the company said.

Is MobiKwik profitable now?

Yes, for the last four quarters in a row, as per its own filings. Co-founder, MD and CEO Bipin Preet Singh said in the release: "Q2 FY27 marks our fourth consecutive profitable quarter, reflecting the rapid progress we are making towards building a sustainable business."

The profit is still small next to the company's size, so the margin trend matters more than the rupee figure. Revenue grew 9%, but costs grew more slowly, which is what pushed MobiKwik into the black.

Where the growth came from

Payments. Platform GMV, the total value of payments on MobiKwik, hit a record ₹59,677 crore, up 35% from ₹44,114 crore. Consumer payments GMV was ₹46,375 crore, up 27%. Revenue from merchant payments grew 150% year on year, and the payments gross margin rose to 38.2% from 29.4%. Registered users reached 196.3 million.

Lending. Loans disbursed through MobiKwik's lending partners came to ₹1,082.6 crore, up 34% year on year and 47% from the previous quarter. That is the first time the figure crossed ₹1,000 crore in a quarter, Singh said. Credit partner AUM was ₹1,488 crore and activated credit users rose to 1.74 million. Financial services gross profit more than doubled to ₹57.1 crore.

MobiKwik and AI: "AI-first by FY28"

MobiKwik also put AI at the centre of its story. According to the release:

• AI now writes 92% of its code, up from 80% last quarter.
• A "Help LLM" solves 91% of customer queries.
• Fraud pattern detection is 100% AI-led.

The company says it aims to become an AI-first organisation by FY28. These are MobiKwik's own figures and have not been checked independently.

MobiKwik share price after Q2 results

The stock trades on the NSE (symbol MOBIKWIK) and BSE (scrip code 544305). As per reports, the shares rose sharply on 2 November after the results, with gains of around 7–10% reported during the day. Day1 has not checked the closing price, so check the NSE or BSE for the live MobiKwik share price.

Day1 take

MobiKwik, founded in 2009 by Bipin Preet Singh and Upasana Taku, spent years being asked whether a wallet company could ever make money. Four profitable quarters, with merchant payments and lending doing the heavy lifting, is a clearer answer than before. For founders, the lesson is in the mix: payments bring users, but lending and merchant tools bring the margin.

For more on Indian tech companies and the markets, read our stories on OYO parent PRISM cutting its IPO fresh issue and Affle's $420 million deal for Perion.

FAQ

What are MobiKwik's Q2 results for 2026? For Q2 FY27 (July–September 2026), MobiKwik reported a PAT of ₹11.8 crore, EBITDA of ₹22.7 crore and revenue from operations of ₹295.7 crore, up 9% year on year.

When were MobiKwik's Q2 FY27 results announced? On 2 November 2026, in a press release filed with the NSE and BSE.

Is MobiKwik a profitable company? Yes. Q2 FY27 was its fourth profitable quarter in a row, according to the company.

Who owns MobiKwik? MobiKwik is run by One MobiKwik Systems Ltd, a company listed on the NSE and BSE. It was founded by Bipin Preet Singh and Upasana Taku in 2009.

Sources: One MobiKwik Systems Ltd, press release on Q2 FY27 results, filed with NSE/BSE, 2 Nov 2026 (primary; all financial figures, the AI figures and the CEO quote are from this release). MobiKwik investor relations. Share price movement: as per market reports (CNBC TV18, The Economic Times, 2 Nov 2026).