Summary of Key Information:

Reporting Period: Quarter ended June 30, 2026 (Q1 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting and Unaudited Financial Results

Audit Opinion:

Limited Review Report - No material misstatement identified. Clean opinion with qualification regarding unreviewed subsidiaries.

Key Financial Highlights [Amounts in INR millions]:

Consolidated Results:

Revenue from Operations: ₹2,814.81 (Q1 FY27) vs ₹2,713.63 (Q1 FY26) - 3.7% YoY increase

Total Income: ₹2,891.53 (Q1 FY27) vs ₹2,816.16 (Q1 FY26)

EBITDA: ₹157.75 (Q1 FY27) vs (₹312.01) (Q1 FY26) - Significant improvement

Net Profit: ₹76.16 (Q1 FY27) vs (₹419.20) (Q1 FY26) - Profit turnaround

EPS: ₹0.97 basic and diluted (Q1 FY27) vs (₹5.39) (Q1 FY26)

Other Equity: Not specified for current quarter

Standalone Results:

Revenue from Operations: ₹2,735.46 (Q1 FY27) vs ₹2,697.79 (Q1 FY26)

Total Income: ₹2,825.40 (Q1 FY27) vs ₹2,829.25 (Q1 FY26)

EBITDA: ₹165.07 (Q1 FY27) vs (₹280.84) (Q1 FY26) - Significant improvement

Net Profit: ₹82.33 (Q1 FY27) vs (₹398.29) (Q1 FY26) - Profit turnaround

EPS: ₹1.05 basic, ₹1.04 diluted (Q1 FY27) vs (₹5.12) (Q1 FY26)

Other Equity: ₹5,464.12 (as of March 31, 2026)

Segment-wise Performance:

The Group operates in a single operating segment of financial and payment services. No separate segment disclosure required.

Corporate Actions:

The shareholders approved through postal ballot (concluded July 02, 2026) the reallocation of unutilized IPO proceeds totaling ₹1,860.70 million with the following revised allocation:

  • ₹608.50 million to investment in Mobikwik Distribution Services Private Limited as Lending Service Provider
  • ₹710.50 million to funding organic growth in payment services business
  • ₹252.60 million to research and development in data, ML and AI
  • ₹250.00 million to capital expenditure for payment devices business
  • ₹39.10 million to general corporate purposes

The timeline for Objects 1 and 3 has been extended until March 31, 2027.

Other Significant Information:

The company completed its IPO in December 2024 with fresh issue of 20,501,792 equity shares at ₹279 per share (face value ₹2), receiving net proceeds of ₹5,344.30 million after IPO expenses of ₹375.57 million.

Actual IPO expenses were lower than originally estimated (₹375.57 million vs ₹414.83 million), increasing net proceeds available for utilization.