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 | ₹ Cr | QoQ | YoY |
|---|---|---|---|
| Revenue | 296 | +5.0% | +9.4% |
| Operating profit | 16 | +92.6% | +200.6% |
| Net profit | 12 | +55.3% | +141.3% |
| Operating margin | 5.3% | +2.4 pp | +3.4 pp |
| Net margin | 4.0% | +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.