Mobikwik reports ₹4 crore profit vs YoY loss, revenue jumps 8%; check Q4 numbers

The firm had logged a net loss of ₹56.03 crore in the year-ago period, according to a regulatory filing.

"The company reported its second consecutive profitable quarter, reflecting disciplined execution across its payments and financial services businesses," it said in a press release.

The firm's revenue from operations surged by 7.81% year-on-year (YoY) to ₹288.71 crore during the quarter under review, compared to ₹267.78 crore in the March quarter of the 2024-25 fiscal year (Q4 FY25).

Its EBITDA (earnings before interest, tax, depreciation, and amortisation) stood at ₹17.4 crore in Q4 FY26, as against an EBITDA loss of ₹45.8 crore in the same period last year. This marked its second profitable quarter in a row.

In FY26, the Gurugram-based company’s EBITDA approached breakeven, as it improved by ₹74.2 crore.

“The 2nd fastest-growing TPAP (Third-Party Application Provider) in India's UPI ecosystem - UPI transactions surged 170% YoY, 6.5x faster than industry average,” it added.

Its payments gross merchandise value (GMV) stood at ₹52,400 crore for the reporting quarter, marking a 58% YoY increase from ₹33,100 crore in the fourth quarter of FY25.

What the CEO said

Commenting on the performance, Bipin Preet Singh, Co-founder, MD & CEO of MobiKwik, said: "FY26 was MobiKwik's inflection year - we delivered a profitable H2 as committed, and achieved a ₹742 Mn EBITDA swing that demonstrates the strength of our model. Scaling responsibly and building profitability are not at odds; they are firmly aligned.”

Over the next two years, the firm will scale up its core business while building four new growth engines: Offline & Online Merchant Acquiring, Unlocking Lending through its NBFC, and AI powering everything it does, he stated.

“The margins generated from our Core will fund the buildout of these New Moats. We expect to remain baseline profitable through this investment cycle, even as we compound the business for the long term,” Singh added.

One MobiKwik Systems has a total market capitalisation of ₹1,739.94 crore as of May 12, 2026, according to data on the NSE.