Affle (India) Limited reported its fiscal first quarter profit at Rs 86.59 crore, recording a growth of 30.8 per cent in comparison to Rs 66.18 crore during the corresponding quarter of previous fiscal year. It posted revenue from operations at Rs 519.50 crore, up 27.8 per cent as against Rs 406.58 crore during the same period of FY24. The company EBITDA stood at Rs 104.7 crore, up 34 per cent on-year. EBITDA margin stood at 20.1 per cent, an increase of 93 basis points on a YoY basis. This growth, the company said, was broad-based coming across India and International markets.
Affle boasts a global reach across all key regions including Asia, North America, South America, Europe and Africa, encompassing both developed and emerging markets.While 73.2 per cent of the company revenue during Q1 came in from India and emerging markets, 26.8 per cent came in from developed markets.
The cost per converted user (CPCU) business noted strong momentum delivering 9.1 crore converted users in Q1FY2025, and the CPCU revenue stood at Rs 517.7 crore, up 37.0 per cent on-year. “The top industry verticals for the company continued to show favourable momentum, helping it register a robust growth anchored on the CPCU business model and disciplined focus on higher profitability with operating margin expansion on a YoY basis,” Affle (India) said.
Anuj Khanna Sohum, MD and CEO, Affle, said, “We continue to exceed our performance targets, with Q1FY2025 marking yet another quarter of significant growth having achieved our highest quarterly revenue run-rate, highest EBITDA and consumer conversions till date. Mirroring the previous quarter growth trends, this period also witnessed persistent increase in digital advertising spends powered by our unique ROI-linked CPCU business model, coming across our markets and key industry verticals. This performance was a result of our strategic efforts to consolidate all our business and platform operations into a unified, fully-integrated unit, further augmenting our consumer-centric platform offerings.”
He further added that the company is optimistic of the industry trends and is well-positioned to maintain strong growth momentum, continuing to deliver value and achieve exceptional results.