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Affle (India) Limited, a consumer intelligence driven global technology company, today announced results for the first quarter ended June 30, 2024.
Consolidated Performance Highlights Q1 FY2025 Highlights (y-o-y):
- Revenue of Rs. 519.5 crore, an increase of 27.8% y-o-y
- EBITDA of Rs. 104.7 crore, an increase of 34.0% y-o-y
- Profit Before Tax (PBT) of Rs. 106.6 crore, an increase of 52.1% y-o-y
- Profit After Tax (PAT) of Rs. 86.6 crore, an increase of 30.8% y-o-y
- Affle reported a strong performance for Q1 FY2025 with a consolidated revenue from operations of Rs. 519.5 crore, an increase of 27.8% y-o-y from revenue of Rs. 406.6 crore in Q1 last year. EBITDA stood at Rs. 104.7 crore, an increase of 34.0% y-o-y. EBITDA margin stood at 20.1%, an increase of 93 basis points on a y-o-y basis. PAT increased by 30.8% y-o-y to Rs. 86.6 crore from Rs. 66.2 crore in Q1 last year. PAT margin stood at 15.9% in Q1 FY2025. This growth was broad-based coming across India and International markets.
- The CPCU business noted strong momentum delivering 9.1 crore converted users in Q1 FY2025, and the CPCU Revenue stood at Rs. 517.7 crore, an increase of 37.0% y-o-y. 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 y-o-y basis.
In Rs. Crore
|
Q1
FY2025
|
Q1
FY2024
|
Y-o-Y Growth
|
Revenue
|
519.5
|
406.6
|
27.8%
|
EBITDA
|
104.7
|
78.1
|
34.0%
|
Profit After Tax
|
86.6
|
66.2
|
30.8%
|
% PAT Margin
|
15.9%
|
15.9%
|
|
Commenting on the results, Anuj Khanna Sohum, the MD and CEO of Affle said:
“We continue to exceed our performance targets, with Q1 FY2025 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. We continued to deepen our market penetration through strategic enhancements in our Affle2.0 Consumer Platform Stack, including the responsible integration and rollout of GenAI-powered solutions, underpinned by our extensive GenAI patent portfolio.
We remain optimistic of the industry trends and are well-positioned to maintain our strong growth momentum, continuing to deliver value and achieve exceptional results for all our stakeholders.”