MobiKwik Q4 Results: Company Swings To Profit; Shares Decline 11%

One Mobikwik Systems announced its results for the fourth quarter of FY26 on Tuesday. Even as the fintech company reported a turnaround in quarterly earnings and posted a positive EBITDA, One MobiKwik Systems shares declined by around 11% on the National Stock Exchange on 12 May 2026, closing at ₹202.75.

The stock came under pressure after the earnings announcement, although it has still gained strongly over the past one month.

Company Reports Profit In March Quarter

MobiKwik posted a net profit of ₹4.38 crore for Q4 FY26, compared with a net loss of ₹56 crore during the same quarter last year.

Revenue from operations rose to ₹289 crore, up from ₹268 crore a year earlier.

The company also reported positive EBITDA of ₹10 crore for the quarter. In the corresponding period of the previous financial year, it had posted an EBITDA loss of ₹56.5 crore.

EBITDA margin improved to 3.5% from a negative 21% last year.

Financial Services And Payments Business Support Growth

Management said the improvement in profitability was supported by better margins in both the payments and financial services businesses.

The company also pointed to a greater focus on higher-quality lending and tighter cost controls during the year.

Contribution profit more than doubled during the quarter and stood at ₹135.1 crore. For the full financial year, contribution profit increased to ₹437.4 crore.

Total income for FY26 came in at ₹1,154.2 crore.

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Fixed Costs Remain Stable

MobiKwik said its fixed costs remained largely stable despite continued investments in new business segments.

According to the company, fixed costs accounted for around 40% of total income during the quarter, largely unchanged from the previous year.

Sources:

The Economic Times

CNBC TV18