India's Mobikwik jumps after recording first-ever quarterly profit since listing

One Mobikwik Systems

03/02/2026 07:32

** Shares of Indian fintech company Mobikwik ONEM.NS jump 17.12% to 234.16 rupees

** Co records first-ever profitable quarter since listing, reporting profit of 40.5 million rupees ($448,103.03) against loss of 552.8 million rupees ($6.12 million) last year

** Over 6.7 mln shares change hands by 12:55 pm, more than 7x the 30-day avg

** Stock up 1.1% YTD

($1 = 90.3810 Indian rupees)

 (Reporting by Abhirami G in Bengaluru)

 ((abhirami.g@thomsonreuters.com))