One Mobikwik Systems Limited — Board Meeting, 31-07-2025: Outcome of Board Meeting

MobiKwik's board has approved Q1 FY26 financial results, revealing a robust performance. The payments business delivered an all-time high GMV of ₹38,400 Cr, marking a 53% YoY increase, with gross margin reaching 28%. Financial Services also shows recovery, as ZIP EMI disbursals jumped 31% QoQ to ₹693.1 Cr. Total consolidated income stood at ₹281.6 Cr. EBITDA significantly improved by 32% QoQ to a loss of ₹31.2 Cr, reinforcing the company's path to profitability. Key strategic updates include securing a Stock Broking license and the approval of B S R and Co. as statutory auditors, pending shareholder nod.