Internet Software & Services company One Mobikwik Systems announced Q4FY26 & FY26 results Consolidated Financial Highlights: Total Income for Q4FY26 reached Rs 2,960.32 million, representing a 6.29% growth YoY from Rs 2,785.24 million in Q4FY25, while showing a marginal decline of 0.40% QoQ from Rs 2,972.20 million in Q3FY26. Revenue from Operations for Q4FY26 stood at Rs 2,887.12 million, an increase of 7.82% YoY compared to Rs 2,677.84 million in Q4FY25, and a slight decline of 0.08% QoQ from Rs 2,889.46 million in Q3FY26. The Group reported a Net Profit of Rs 43.84 million in Q4FY26, a significant turnaround YoY from a Net Loss of Rs 560.37 million in Q4FY25, and an 8.30% increase QoQ from Rs 40.48 million in Q3FY26. Earnings before finance cost, depreciation, amortisation and tax (EBITDA) for Q4FY26 was Rs 174.11 million, showing a substantial improvement over a negative EBITDA of Rs 457.61 million in Q4FY25, and a 16.29% growth QoQ from Rs 149.72 million in Q3FY26. For the full year FY26, Consolidated Total Income was Rs 11,541.95 million, down 3.21% YoY from Rs 11,924.90 million in FY25. Consolidated Revenue from Operations for FY26 stood at Rs 11,192.32 million, a decrease of 4.35% YoY from Rs 11,701.74 million in FY25. Annual Consolidated Net Loss narrowed significantly to Rs 621.01 million in FY26, compared to a Net Loss of Rs 1,215.29 million in FY25. Standalone Financial Highlights: Total Income for Q4FY26 reached Rs 2,919.12 million, reflecting a 4.50% growth YoY from Rs 2,793.36 million in Q4FY25, and a 1.67% decline QoQ from Rs 2,968.82 million in Q3FY26. Revenue from Operations for Q4FY26 was Rs 2,821.48 million, up 6.13% YoY compared to Rs 2,658.49 million in Q4FY25, and down 1.44% QoQ from Rs 2,862.63 million in Q3FY26. Standalone Net Profit for Q4FY26 was Rs 59.80 million, a turnaround from a Net Loss of Rs 557.12 million in Q4FY25, though it showed a 10.45% decline QoQ from Rs 66.78 million in Q3FY26. EBITDA for Q4FY26 stood at Rs 195.25 million, compared to a negative EBITDA of Rs 437.09 million in Q4FY25, and a 5.56% increase QoQ from Rs 184.97 million in Q3FY26. Annual Standalone Total Income for FY26 was Rs 11,512.29 million, a 3.61% decline from Rs 11,943.81 million in FY25. Annual Standalone Revenue from Operations for FY26 was Rs 11,064.94 million, down 4.94% YoY from Rs 11,639.79 million in FY25. Annual Standalone Net Loss for FY26 narrowed to Rs 541.54 million, compared to a Net Loss of Rs 1,223.66 million in FY25. Business Highlights: Utilization of IPO Proceeds: As of March 31, 2026, the company has utilized Rs 3,483.62 million out of the net IPO proceeds of Rs 5,305.17 million. Key allocations include Rs 976.10 million for organic growth in payment services and Rs 891.50 million for financial services growth. Technical Bug Recovery: During the year, the company pursued the recovery of unauthorized settlements totaling Rs 403.59 million caused by a technical bug exploited by certain merchants. As of March 31, 2026, Rs 276.02 million has been successfully recovered and credited to bank accounts. Segment Performance: The Group operates in a single operating segment only, which is financial and payment services. Exceptional Item (Labour Code): The company evaluation of the new labour code resulted in a past service cost impact under exceptional items amounting to Rs 20.08 million for gratuity and Rs 15.33 million for leave provisions in Q4FY26. Bipin Preet Singh, Co-founder, MD & CEO, MobiKwik, said: "FY26 was MobiKwik's inflection year - we delivered a profitable H2 as committed, and achieved a Rs 742 million EBITDA swing that demonstrates the strength of our model. 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 & 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. We expect to remain baseline profitable through this investment cycle, even as we compound the business for the long term." Result PDF