Shares of One MobiKwik Systems Ltd declined close to 5% on Tuesday after the company reported a wider loss for the September quarter (Q2 FY26). The stock was trading at ₹251.55, down 4.82%, compared to the previous close of ₹264.30.
The drop came after MobiKwik posted a net loss of ₹28.62 crore for Q2 FY26, versus a loss of ₹3.59 crore in the same period last year. Revenue from operations stood at ₹270.21 crore, lower than ₹290.65 crore in Q2 FY25.
Total expenses rose to ₹285.70 crore, driven by higher payment processing charges and employee-related costs. EBITDA for the quarter came in at –₹6.38 crore, compared to ₹6.80 crore in the year-ago period.
The stock has traded between ₹219.20 and ₹698.30 in the past 52 weeks and currently has a market capitalization of ₹20,140 crore.
