Technology company Affle (India) has seen a 31% rise in profit to ₹86 crore in the first quarter of FY25. The company reported a consolidated net profit of ₹86.59 crore, up from ₹66.17 crore in the same period last year. Revenue from operations also increased by 27.8%, reaching ₹519.5 crore compared to ₹406.6 crore in Q1FY24.
Affle attributed its growth to its CPCU business model and focus on profitability, leading to an expansion in operating margins year-on-year. The CPCU business brought in 9.1 crore converted users in Q1 FY2025, with CPCU Revenue reaching ₹517.7 crore, a 37% increase from the previous year.
Although net profit decreased by 1.02% sequentially, revenue saw a 2.62% increase. EBITDA for the quarter stood at ₹104.7 crore, up by 34% year-on-year. Affle’s MD and CEO, Anuj Khanna Sohum, highlighted the company’s highest quarterly revenue run-rate, EBITDA, and consumer conversions, attributing it to strategic efforts in consolidating business operations and enhancing their consumer platform offerings.
Affle’s optimistic outlook on industry trends positions them to maintain their growth momentum. #AffleQ1Profit #TechnologyNews #ConsumerPlatform #GenAI #BusinessGrowth #IndianTech #ViralHashtags