MobiKwik reports Rs 281 Cr revenue and Rs 7.6 Cr profit in Q1 FY27

•MobiKwik reported Rs 281 Cr revenue in Q1 FY27, a 3.7% year-on-year increase.

•The company turned profitable, posting a net profit of Rs 7.6 Cr, compared to a net loss of Rs 42 Cr in Q1 FY26.

•Payment processing charges were the largest expense at Rs 117 Cr, accounting for 41.6% of total expenses.