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One Mobikwik Systems Q2 FY27: revenue up 9.4% to ₹296 Cr, net profit up 141.3% to ₹12 Cr

Results · Finvezto · 2 Nov 2026 · One Mobikwik Systems (MOBIKWIK)

Results Q2 FY27, ₹ Cr

Q2 FY27 results with change on the quarter and on the year
Q2 FY27₹ CrQoQYoY
Revenue296+5.0%+9.4%
Operating profit16+92.6%+200.6%
Net profit12+55.3%+141.3%
Operating margin5.3%+2.4 pp+3.4 pp
Net margin4.0%+1.3 pp+2.2 pp

Key points

  • For Q2 FY27, One MobiKwik Systems Limited reported revenue from operations of Rs 295.7 crore, up 9% year-on-year, with EBITDA improving to Rs 22.7 crore from a loss of Rs 6.4 crore and PAT reaching Rs 11.8 crore compared to a loss of Rs 28.6 crore. NSE filing
  • The turnaround was supported by platform GMV rising 35% year-on-year to an all-time high of Rs 59,677 crore and lending disbursals growing 34% to Rs 1,082.6 crore. NSE filing
  • MobiKwik reported total income of INR 302 crores, up 8% year-on-year, and revenue from operations of INR 295 crores, up 9% year-on-year in Q2 FY27. Earnings call
  • Profit after tax reached INR 11.8 crores, representing a jump of INR 40 crores year-on-year and a 55% increase quarter-on-quarter. Earnings call

Other figures

  • Contribution Profit: ₹144 Cr (+50.0% YoY)
  • Platform GMV: ₹59,677 Cr (+35.0% YoY)
  • Lending disbursal (GMV): ₹1,083 Cr (+34.0% YoY)

What to watch

  • Management on merchant payments gmv share: Merchant Payments is currently about 22% of our total payment GMV, and we expect this to grow even further from here.
  • Management on lending disbursal momentum: We expect that as these new lending partnerships mature, and as we are also launching new product categories, we expect to maintain this momentum of growth in the lending disbursal.
  • Operating margin over the last 4 quarters (Dec 25, Mar 26, Jun 26, Sep 26): 2.3%, 3.5%, 2.9%, 5.3%.
  • Net profit over the last 4 quarters (Dec 25, Mar 26, Jun 26, Sep 26), ₹ Cr: 4, 4, 8, 12.

Links

NSE filing (PDF) · Company page · Results tracker

Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.