One MobiKwik swings back to black with Rs 12-crore profit in Q2, shares rise 6%
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓One MobiKwik shares rose 6% on November 2 after the company posted a Rs 12-crore profit for the September quarter.
- ✓This marks their highest-ever quarterly profit.
- ✓Bipin Preet Singh said, "Q2FY27 marks our fourth consecutive profitable quarter, reflecting the rapid progress we are making towards building a sustainable business."
Story at a Glance
- Category
- BUSINESS
- Reported By
- MoneyControl
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
One MobiKwik shares rose 6% on November 2 after the company posted Rs 12-crore profit in September quarter. PAT stood at Rs 12 crore in Q2FY27, compared with a loss of Rs 28.6 crore in Q2FY26, marking the company's highest-ever quarterly PAT. EBITDA reached Rs 22.7 crore, compared with a loss of Rs 6.4 crore in Q2FY26, marking the company's highest-ever quarterly EBITDA and fourth consecutive profitable quarter. At 2:45 pm on November 2, One MobiKwik shares were trading 6% higher at Rs 226.66 apiece. Platform GMV reached an all-time quarterly high of Rs 59,677 crore, reflecting 35% YoY growth in the payments business.
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