Affle (India) Records 30.8% Q1 FY25 Profit Surge, Highest Revenue Run-Rate Till Date

Affle (India) reported a 30.8% rise in consolidated net profit for Q1 FY25, reaching Rs 86.59 crore from the previous Rs 66.17 crore. Revenue from operations increased by 27.8% to Rs 519.5 crore. The company's growth was driven by its CPCU business model and strategic integration of GenAI-powered solutions.

Technology firm Affle (India) has reported a 30.8 per cent rise in consolidated net profit at Rs 86.59 crore for the June quarter of FY25, up from Rs 66.17 crore in the year-ago period.

Revenue from operations surged to Rs 519.5 crore, marking a 27.8 per cent increase from the Rs 406.6 crore reported in Q1 FY24. The company attributed its growth to the CPCU (cost per converted user) business model and its disciplined focus on higher profitability, contributing to an expansion of operating margins on a year-over-year basis.

Affle MD and CEO, Anuj Khanna Sohum, highlighted that the quarter recorded the company's highest-ever quarterly revenue run-rate, highest EBITDA, and most consumer conversions to date. This performance stems from strategic efforts to unify its business and platform operations, integrating advanced GenAI-powered solutions under its patent portfolio.

(With inputs from agencies.)