MobiKwik Q2 FY27 revenue rises 9% to Rs 295 crore
MobiKwik's net profit stood at Rs 11.8 crore in Q2 FY27, compared to a net loss of Rs 28.6 crore in the year-ago quarter.
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MobiKwik's net profit stood at Rs 11.8 crore in Q2 FY27, compared to a net loss of Rs 28.6 crore in the year-ago quarter.
The Gurugram-based company's net profit increased 43% to Rs 193 crore in Q2 FY27 from Rs 135 crore in Q2 FY26.
Total expenses of the company increased 35% to Rs 586 crore during the quarter from Rs 434 crore in the year-ago period.
The company's net profit increased to Rs 261 crore in during the quarter from Rs 170 crore in Q4 FY25.
The fintech company posted a net profit of Rs 183 crore during the quarter as compared to a net loss of Rs 545 crore in the same quarter last year.
Total expenditure for the quarter grew 38% to Rs 599 crore in Q4 FY26, compared to Rs 435 crore in the corresponding period last year.
The net profit fell in this quarter due to a Rs 190 crore exceptional charge against loans extended to its gaming joint venture.