Affle net profit rises 14 pc to Rs 67 crore in Q2

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 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.

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.