One MobiKwik Systems achieved a net profit of ₹4.38 crore in the fourth quarter of FY26, marking a significant recovery from a net loss of ₹56 crore posted in the corresponding quarter of the previous financial year. According to reports from The Economic Times, this turnaround demonstrates the company's improved operational efficiency and strategic focus on higher-quality lending initiatives.
The company's revenue from operations increased 8% to ₹289 crore in Q4 FY26, compared with ₹268 crore in the same quarter last year. As reported by The Economic Times, EBITDA turned positive at ₹10 crore versus an EBITDA loss of ₹56.5 crore in the year-ago period. The EBITDA margin improved significantly to 3.5% from negative 21% a year earlier, indicating substantial operational improvements.
According to the company's regulatory filing, contribution profit more than doubled, rising 112% YoY to ₹135.1 crore in the March quarter. For the full financial year, contribution profit stood at ₹437.4 crore, marking a 21% increase over FY25. The core payments business continued strong growth with GMV touching a record high for the 13th consecutive quarter, rising 58% YoY to ₹52,400 crore in Q4FY26.
In the financial services segment, ZIP EMI GMV grew 59% YoY to ₹837.7 crore during the quarter, with 75% of disbursals under the FLDG model. As reported by The Economic Times, financial services revenue rose 37% YoY to ₹77.1 crore in Q4FY26, while gross profit surged 1,775% YoY to ₹45.1 crore. The company maintained its position as the sixth-largest customer operating unit in the BBPS ecosystem.
Following the Q4 results announcement, MobiKwik shares declined 4% to their day's low of ₹218.30 on the BSE, according to The Economic Times. The market reaction suggests investor focus on the company's operational turnaround despite the positive financial results, reflecting mixed sentiment toward the digital payments and financial services provider's performance.
