One Mobikwik shares fall over 6% as Q2 net loss widens to ₹29 crore, revenue declines 7% YoY

Shares of One Mobikwik Systems fell as much as 6.19% to an intra-day low of ₹247.95 apiece on the National Stock Exchange (NSE) on Tuesday, November 4, after it reported its second quarter result for the 2025-26 financial year (Q2FY26).

The stock was trading 2.67% lower at ₹257.25 per equity share at around 12:35 pm.

The share has fallen nearly 3% over the last five days and above 8% over the month. It has gained more than 1% in the past six months. On a year-to-date basis, it has slumped about 58%.

While the scrip hit a 52-week low of ₹219.20 on August 29, 2025, it touched a year’s high of ₹698.30 apiece on December 26, 2024.

One Mobikwik Systems Q2 results

The company’s consolidated net loss widened to ₹29 crore during the quarter under review, compared to a loss of ₹4 crore in the September quarter of the 2024-25 fiscal year (Q2Y25), the financial technology company said in a regulatory filing.

It witnessed a 7.2% year-on-year (YoY) decline in its revenue from operations to ₹270 crore in the second quarter of FY26, as against ₹291 crore in the corresponding period a year ago.

As of September 30, 2025, its registered user base stood at 183.5 million, marking a 10% YoY jump.

Its merchant base was at 4.71 million at the end of the reporting quarter, rising 7% YoY.

Overall, during the quarter, the company added 3.3 million users and 71,000 merchants.

Commenting on the earnings, Upasana Taku, Chairperson, Executive Director, and CFO, MobiKwik, said: “Our performance this quarter reflects the strength of our business fundamentals and focus on sustainable profitability. The growth in contribution profit and improvement in EBITDA are a result of disciplined cost optimization and steady gains across both payments and lending. As India’s leading Fintech, we are now gearing up to accelerate our play in UPI and digital lending to drive the next phase of our growth.”

One Mobikwik Systems has a total market capitalisation of ₹2,021.52 crore, as of November 4, 2025, according to data on the NSE.