Affle Q2 Profit Rises 14% to Rs 67 Crore - Business News
Mobile advertising firm Affle India reported a 13.8% rise in consolidated profit to Rs 66.8 crore in the September quarter. Read more about the company's performance.
New Delhi, Nov 4 (PTI) Mobile advertising firm Affle (India) on Saturday reported a 13.8 per cent increase in consolidated profit to Rs 66.8 crore in the September quarter.
The company registered a net profit of Rs 58.7 crore in the year-ago period, the company said.
The consolidated revenue of Affle increased 21.6 per cent to Rs 431.3 crore during the quarter from Rs 354.6 crore a year ago.
Affle MD and CEO Anuj Khanna Sohum said the growth for the company has been broad-based coming from existing as well as new customers across India and global emerging markets, which continue to perform well despite the tough macro-economic conditions globally.
"The resilient nature of our business helped us achieve highest quarterly revenue run rate, highest EBITDA... in the second quarter of FY24," Sohum said.
The company registered a net profit of Rs 58.7 crore in the year-ago period, the company said.
The consolidated revenue of Affle increased 21.6 per cent to Rs 431.3 crore during the quarter from Rs 354.6 crore a year ago.
Affle MD and CEO Anuj Khanna Sohum said the growth for the company has been broad-based coming from existing as well as new customers across India and global emerging markets, which continue to perform well despite the tough macro-economic conditions globally.
"The resilient nature of our business helped us achieve highest quarterly revenue run rate, highest EBITDA... in the second quarter of FY24," Sohum said.
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