Business EconomyPosted at: Aug 5 2024 12:43PM


Affle reports strong performance for Q1 FY2025

New Delhi, Aug 5 (UNI) Affle (India) Limited, a consumer intelligence-driven global technology company, has announced results for the first quarter ended June 30, 2024.
Affle reported a strong performance for Q1 FY2025 with consolidated revenue from operations of Rs. 519.5 crore, an increase of 27.8% year over year from revenue of Rs. 406.6 crore in Q1 last year.
EBITDA stood at Rs. 104.7 crore, an increase of 34.0% year over year. EBITDA margin stood at 20.1%, an increase of 93 basis points on a year-over-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% year over year.
The top industry verticals for the company continued to show favourable momentum, helping it register robust growth anchored on the CPCU business model and a disciplined focus on higher profitability with operating margin expansion on a ear-over--y basis.
Affle (India) Limited successfully completed its IPO in India in 2019 and trades on the stock exchanges (BSE: 542752 and NSE: AFFLE).
Affle Holdings is the Singapore-based promoter for Affle (India) Limited, and its investors include Microsoft and Bennett Coleman & Company (BCCL), among others.
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