MobiKwik Hits Profit Mark
MobiKwik turned a corner in Q3 FY26. The fintech platform swung to profitability during the quarter on the back of record payments GMV, a tight leash on expenses and improving margins. The numbers came despite the company’s dipping financial services revenues.
Here is a snapshot of the Q3 numbers:
- Net profit stood at INR 4 Cr against a loss of INR 55.3 Cr in the year-ago quarter
- Operating revenue rose 7.2% YoY to INR 288.9 Cr
- EBITDA improved to INR 15 Cr compared…

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