Mobikwik Q3 revenue rises 7% to Rs 289 crore
03 Feb 2026, 02:01 PMIt swung to a net profit of Rs 4 crore in Q3 FY26 from a net loss of Rs 53 crore in the year-ago period.
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Fintech company MobiKwik clocked a 7% rise in revenue from operations to Rs 289 crore in the quarter ended December FY26 from Rs 270 crore in Q3 FY25.
It swung to a net profit of Rs 4 crore in Q3 FY26 from a net loss of Rs 53 crore in the year-ago period, according to filings with the stock exchanges.
Total expenses of MobiKwik declined 11% to Rs 293 crore during the quarter as compared to Rs 328 crore in Q3 FY25.
Employee benefit expenses stood at Rs 41 crore in Q3 FY26, while payment gateway costs—the company's largest expense head—accounted for 44% of the total cost at Rs 129 crore during the quarter.
MobiKwik's primary revenue streams included commissions on recharges, processing fees, interest on loan servicing, payment gateway charges, and platform fees.
However, for the nine-month period ending December 2025, the company's revenue dropped 8% to Rs 830.5 crore from Rs 902 crore a year earlier.
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