MobiKwik swings to net profit of Rs 7.6 Cr in Q1FY27

Fintech company MobiKwik swung into profit for the first quarter of 2026-27, driven by strong growth in its payments business, improved lending profitability and continued focus on cost efficiency. The company reported a net profit of Rs 7.6 crore for the first quarter of FY27 as compared to a loss of Rs 42 crore a year ago. MobiKwik said it has now registered profitability for three consecutive quarters.