BusinessPhoto: Business StandardMobiKwik CEO Aims to Double Lending Revenue Share to 50%
MobiKwik CEO Bipin Preet Singh announced the fintech firm aims to increase lending revenue to 50% of total revenue, up from the current 25-30%. The company expects quarterly disbursements to reach ₹1,500-2,000 crore within six to eight quarters. In Q2FY27, disbursements grew 34% to ₹1,082.6 crore. The firm reported a consolidated net profit of ₹11.83 crore in Q2FY27, reversing a loss of ₹28.62 crore a year earlier, with revenue rising 9.4% to ₹295.70 crore.
Business Standard··Gurugram



