One Mobikwik Systems jumped 12.7 per cent to ₹227.4 on the National Stock Exchange (NSE) in Tuesday's trading session.
Fintech firm MobiKwik reported a consolidated net profit of ₹4.04 crore in Q3FY26, aided by revenue growth and a sharp decline in expenses, after posting losses in earlier quarters
The fintech firm reported a ₹28.61 crore loss in Q2 FY26, citing a ₹40 crore fraud incident, even as expenses fell and partial recovery efforts were initiated
MobiKwik's Q2FY26 loss widened to Rs 28.6 crore even as it tightened expenses. The fintech firm will not revive its BNPL product and is betting on ZIP-EMI and personal loans for growth.
MobiKwik froze 2,000 merchant accounts after a technical error caused unauthorised settlements worth Rs 40 crore, with Rs 14 crore recovered and FIRs filed in Haryana
Fintech firm One MobiKwik Systems on Thursday confirmed that a technical glitch had led to unauthorised payments in and around one district of Haryana last week, and said remedial measures had been taken with financial impact contained and quantified. The company, in a statement, clarified that the incident did not affect UPI, wallet payments, or user account balances. "MobiKwik confirms that an isolated technical issue on September 11-12, 2025, led to certain failed transactions being incorrectly marked as successful, resulting in unauthorised payouts to some merchants in and around the Nuh district of Haryana. A few merchants and users from this area exploited this issue to gain undue financial benefit. "Upon identification in the early hours of September 12, the Company immediately took corrective action and resolved the issue within 45 minutes. The total financial impact has been contained and quantified," it said, adding that no employees, management personnel or insiders were
One Mobikwik said it has reported a fraud incident in which registered merchants in Haryana colluded to claim unauthorised settlements