Mobikwik Q2 Results: 80% jump in EBITDA, included in fast growing UPI apps

Mobikwik Q2 Results: Digital payment solutions company One MobiKwik Systems Limited (MobiKwik) on Tuesday released its results for the quarter ending September 2025. The company has performed tremendously due to cost control and better margins. In the second quarter of the current financial year 2025-26, MobiKwik’s EBITDA (Earnings before Interest, Taxes, Depreciation and Amortization) increased by 80 percent to Rs 24.8 crore. The company said that this result shows that MobiKwik is rapidly moving towards profitability.

The company recorded total income of Rs 279.3 crore, while direct costs decreased by 10 percent. Due to this, contribution profit increased by 24 percent to Rs 96.1 crore. MobiKwik’s fixed cost also decreased by 5.7 percent, which shows operational efficiency.

Among the top-3 fastest growing apps in the UPI ecosystem
Talking about payment business, MobiKwik remains India’s number 1 PPI wallet and is now among the top-3 fastest growing apps in the UPI ecosystem. The company recorded the highest ever GMV in this quarter. There was 53 percent annual and 13 percent quarter-on-quarter growth. The gross margin of the payment segment also increased to the best level of 29 percent.

231 percent increase in gross profit
Whereas in Financial Services, the company’s gross profit increased by 231 percent quarter-on-quarter. Confidence in ZIP EMI loans and reduction in loan costs further strengthened profits.

UPI-loan business changed the picture
Mobikwik CFO Upasana Taku said, “The improvement in EBITDA and profit is the result of our strong business model and expense control. We are now preparing to further expand our presence in the UPI and digital loan sectors.”

fall in shares
After the announcement of quarterly results, there was a decline in the shares of Mobikwik. At the end of trading on Tuesday, the company’s shares closed at Rs 251.70 with a decline of 4.82 per cent.