MobiKwik Targets ₹5,000 Crore Lending Disbursals, Aims To Double Profitability In FY27

MobiKwik shares have fallen sharply since listing, raising concerns among investors about the fintech company's growth trajectory. Addressing these concerns, Upasana Taku, Co-Founder and Executive Director of MobiKwik, said the decline was largely driven by an unfavorable consumer lending cycle that impacted profitability soon after the IPO. In the middle of the discussion, Taku highlighted that despite reporting losses for several quarters, MobiKwik has now returned to profitability and is focused on accelerating growth while maintaining strong bottom-line performance. She also pointed to low institutional participation and broader market volatility as factors weighing on the stock. Looking ahead, Taku reiterated MobiKwik's long-term ambition to scale revenues to ₹5,000-6,000 crore and strengthen its position in India's fintech ecosystem.