MobiKwik posts ₹11.8 crore Q2 profit as revenue rises
In short
MobiKwik said it made a consolidated net profit of ₹11.8 crore in the September quarter of FY27. The company also said revenue rose 9% year on year, and the summary says it was profitable compared with a loss a year ago.
This suggests a better quarter for the fintech company. The reporting does not explain the main reason for the gain or give more detail on the loss it replaced.
What the reporting says
MobiKwik reported a consolidated net profit of ₹11.8 crore in the September quarter of FY27, according to a publisher-supplied summary. The summary says this was against a loss in the year-ago period, but no exact prior-year figure was provided. Revenue rose 9% year on year, indicating a better quarter, though the available reporting does not state what drove the improvement.
Why it matters
MobiKwik reported a consolidated net profit of ₹11.8 crore for the September quarter of FY27, with revenue rising 9% year on year. The publisher-supplied summary says the company was compared against a loss in the prior-year period, but it does not give the amount or the business drivers. The report is relevant for investors tracking fintech profitability, but the underlying reason for the turnaround is not stated.