New Delhi: One MobiKwik Systems Ltd. announced strong financial results for the quarter and financial year ended March 31, 2026, marking a major milestone in the company’s journey toward sustained profitability. The digital payments and financial services platform reported its second consecutive profitable quarter, driven by robust growth across its Payments and Financial Services businesses.
The company posted EBITDA of ₹174 million in Q4 FY26, reflecting a year-on-year improvement of ₹632 million, while profit after tax stood at ₹44 million compared to a loss in the same quarter last year. Full-year FY26 EBITDA improved by ₹742 million year-on-year, nearing breakeven. Contribution profit for Q4 surged 112 percent to ₹1,351 million, while annual contribution profit rose 21 percent to ₹4,374 million.
MobiKwik’s payments business continued strong momentum, with Gross Merchandise Value touching ₹524 billion in Q4, up 58 percent year-on-year. The company also emerged as India’s second fastest-growing TPAP UPI application, recording a 170 percent rise in UPI transactions, significantly ahead of the industry average. ZIP EMI GMV increased 59 percent to ₹8,377 million during the quarter.
Commenting on the performance, Bipin Preet Singh described FY26 as an “inflection year” for the company. He said MobiKwik successfully demonstrated that growth and profitability can progress together through disciplined execution, structural margin expansion and stronger lending quality.
The company also highlighted its strategic investments in merchant payments, lending and AI-driven growth initiatives, while maintaining baseline profitability. MobiKwik stated that the core consumer payments and lending business generated positive EBITDA during FY26, positioning the company for a profitable FY27.
