MobiKwik Posts Record Net Profit of Rs 11.83 Crore in Q2 FY27

2 Nov 2026, 4:07 pm · 8h ago · 1 min read · YourStory

Fintech firm MobiKwik posted a net profit of Rs 11.83 crore for the second quarter of FY27, marking its fourth consecutive profitable quarter and highest-ever quarterly profit. The company had reported a net loss of Rs 28.61 crore in Q2 FY26. Revenue rose 9.4% year-on-year to Rs 295.70 crore, driven by gross merchandise value growth and improved margins. Total payment GMV climbed 35% to Rs 59,677 crore, while lending disbursals grew 34% to Rs 1,082.6 crore. MobiKwik also noted that AI now generates 92% of its code and resolves 91% of customer support queries.