Indian fintech firm One MobiKwik Methods has reported a consolidated internet revenue of Rs 7.6 crore for the quarter ended 30 June, reversing a lack of Rs 41.9 crore in the same period last year.

MobiKwik mentioned this was its third consecutive worthwhile quarter. Its consolidated outcomes had been unaudited and topic to a restricted overview by the corporate’s statutory auditor.

Income from operations elevated by 3.7% to Rs 281.5 crore within the first quarter of the 2026-27 monetary 12 months, from Rs 271.4 crore a 12 months earlier.

Whole revenue rose by 2.7% to Rs 289.2 crore, in keeping with the corporate’s stock-exchange submitting.

The return to revenue got here as complete bills declined by 12.6% to Rs 273.4 crore, from Rs 312.8 crore within the corresponding quarter final 12 months.

Cost-processing costs remained the corporate’s largest reported expense, falling to Rs 117.4 crore from Rs 142.8 crore.

Lending operational bills dropped sharply to Rs 1.8 crore from Rs 29.2 crore. Worker profit bills, nevertheless, elevated to Rs 53.4 crore from Rs 42 crore, whereas monetary assure bills rose to Rs 28.3 crore from Rs 21.4 crore.

Different bills declined to Rs 72.5 crore from Rs 77.5 crore.

Earnings earlier than curiosity, tax, depreciation and amortisation, or EBITDA, stood at Rs 15.8 crore, in contrast with an EBITDA lack of Rs 31.2 crore a 12 months earlier.

In contrast with the earlier quarter, income from operations declined by about 2.5% from Rs 288.7 crore, whereas internet revenue elevated by practically 74% from Rs 4.4 crore.

Platform GMV reaches quarterly report

Its platform gross merchandise worth, or GMV, reached a report Rs 58,700 crore in the course of the quarter, a rise of fifty% from a 12 months earlier.

The corporate defines platform GMV as the worth of transactions processed by way of MobiKwik’s funds platform and its Zaakpay payment-gateway enterprise. It mentioned the June quarter marked its 14th consecutive quarter of GMV development.

In keeping with its revised investor presentation, the funds enterprise generated income of Rs 208.1 crore and gross revenue of Rs 77.7 crore.

Its funds gross margin elevated to 37.3% from 27.9% in the identical quarter final 12 months.

MobiKwik reported 192.8 million registered customers and 5.02 million service provider companions on the finish of June.

The corporate defines registered customers as distinctive units that equipped a cell quantity or e-mail tackle to register on its platform. The determine ought to subsequently not be interpreted because the variety of month-to-month or quarterly lively customers.

Monetary-services margin improves

Gross revenue from MobiKwik’s financial-services enterprise elevated to Rs 43.3 crore from Rs 7.7 crore a 12 months earlier.

The enterprise recorded a gross margin of 59%, in contrast with 13.3% in the identical interval final 12 months. Its internet financial-services margin rose to five.87% from 1.12%, which the corporate attributed to improved credit score high quality, recoveries from earlier lending portfolios and the next proportion of enterprise outdoors first-loss default assure preparations.

ZIP EMI disbursals, which the corporate experiences as GMV, elevated by 6% to Rs 736.7 crore.

About 68% of disbursals had been made below the first-loss default assure mannequin, whereas 32% had been made by way of the distribution mannequin. MobiKwik mentioned repeat clients accounted for 60% of loans, up from 35% a 12 months earlier.

Co-founder, managing director and CEO Bipin Preet Singh mentioned “Our Q1 FY27 efficiency reinforces that profitability is embedded in our enterprise mannequin, with three consecutive worthwhile quarters alongside continued investments in development.”

He mentioned MobiKwik will proceed to broaden its funds and digital financial-services companies and concentrate on producing long-term worth for patrons and shareholders.