MobiKwik July-Sept revenue from ops down 7% to Rs 270 crore, loss expands
04 Nov 2025, 01:55 PMMobiKwik's net loss expanded to Rs 28.6 crore in the second quarter of FY26 from Rs 3.5 crore in the same quarter of FY25.
Team Head&Tale
Share the story on
Listed fintech company MobiKwik reported a 7% drop in revenue from operations to Rs 270 crore in the July-September quarter of FY26 from Rs 291 crore in the same quarter of the previous fiscal.
MobiKwik's net loss expanded to Rs 28.6 crore in the second quarter of FY26 from Rs 3.5 crore in the same period of FY25, as per the unaudited financial statement filed with the stock exchanges.
Total expenses of the Gurugram-based fintech platform remained flat at Rs 286 crore during the quarter as compared to Rs 287 crore in the same quarter of FY25.
Employee costs stood at Rs 35 crore in the second quarter versus Rs 43.5 crore in the same quarter previous fiscal.
The startup, founded by Bipin Preet Singh and Upasana Taku, listed on the stock exchanges in December 2024.
MobiKwik recently faced a Rs 40 crore fraud in Haryana, which the company said was due to an internal glitch and not a cyberattack. Additionally, its Chief Operating Officer for Consumer Payments, Mohit Narain, resigned last month citing health reasons.
Shares of the company were trading at Rs 253.4 apiece, down 4.18%, on the BSE at 1:55 pm on Tuesday.
Who Reads Us
“I enjoy reading The Head and Tale for their coverage on the Fintech landscape. The reporting is incisive and honest, and it demonstrates a sharp understanding of the industry and the issues that concern it. I'd like to extend my best wishes to Arti for her continued success.”
“Well-researched, informative and analysis based reporting makes an interesting read. 'The Head and Tale' news portal has been demonstrating this quite well covering fintech and emerging tech sectors. Their timely updates, exclusive stories and different perspectives on these sectors help me stay informed. Kudos to Arti Singh for pursuing her passion and best wishes to the team.”
“The Head and Tale stands out for its deep industry knowledge and impressive network of sources. I especially appreciate that the reporting remains independent, rarely resorting to paid puff pieces, making it a publication I can genuinely trust. Having followed Arti’s work for years, I’ve come to rely on The Head and Tale for its unparalleled insight and truly independent coverage. Arti’s long-standing presence in the sector means her reporting is always informed, with access few can match.”
“What I really appreciate about The Head and Tale is that it doesn’t just report the news, it interprets it. The stories are well-researched, comprehensive, and bold. Arti brings a fearless lens to reporting, often asking the uncomfortable but necessary questions. She makes you pause, reflect, and rethink what it all means for the payments and fintech ecosystem. It’s rare to find journalism that’s this sharp, timely, and relevant to the work we do every day.”
“I’ve always valued journalism that goes beyond surface-level headlines. The Head and Tale does exactly that - it connects the dots, asks the tough questions, and brings clarity to the shifts shaping our evolving industry. I’ve even encouraged my team members to subscribe, because staying informed through credible, deeply reported stories is as important as building products. For me, The Head and Tale has become part of essential reading.”
