MobiKwik shares zoom 10% as fintech firm posts record Rs 12 crore profit in Q2
Indian markets moved higher in a quarterly results development for Q2 FY27.
· ET Stocks, Economic Times Markets
MobiKwik returned to profitability in Q2 FY27, reporting a record consolidated net profit of Rs 11.8 crore against a loss of Rs 28.6 crore a year earlier. Profit rose over 55% sequentially from Rs 7.6 crore in Q1 FY27, while revenue from operations increased 9% year-on-year to Rs 1,082.6 crore.
Key facts
- Period
- Q2 FY27 and Q1 FY27
The analysis
Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
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