Fintech firm One Mobikwik Systems logged a profit of ₹4.38 crore in March quarter FY26 mainly on account of cost discipline, a company filing said on Tuesday.

One Mobikwik had incurred a loss of ₹56 crore in the same period a year ago.

"The company reported its second consecutive profitable quarter, reflecting disciplined execution across its Payments and Financial Services businesses," Mobikwik said in a statement.

Revenue from operations grew 7.8 per cent to ₹289 crore during the quarter from ₹268 crore a year ago.

"Scaling responsibly and building profitability are not at odds; they are firmly aligned. Over the next two years, we will scale up our core business while building four new growth engines: offline and online merchant acquiring, unlocking lending through our NBFC, and AI powering everything we do. The margins generated from our core will fund the buildout of these new moats," Mobikwik, co-founder, MD and CEO, Bipin Preet Singh said.

The company posted a narrowing of loss to ₹62.1 crore for the year ended March 31, 2026 from ₹121.5 crore a year ago. Revenue from operations dropped 4.3 per cent to ₹1,119.2 crore from ₹1,170 crore.

Published on May 12, 2026