News Earnings Affle Reports Strong Q3 Performance with 20% Net Profit Growth and Improved EBITDAAffle Reports Strong Q3 Performance with 20% Net Profit Growth and Improved EBITDA
Affle (India) Limited delivered robust Q3 financial performance with consolidated net profit growing 20% to ₹1.2 billion and revenue increasing 18.03% to ₹7.2 billion year-on-year. The company also achieved strong EBITDA growth of 22.14% to ₹1.6 billion with margin expansion to 22.73% from 21.84%, demonstrating improved operational efficiency and effective cost management in the competitive digital advertising landscape.
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Affle (India) Limited has reported strong financial results for the third quarter, showcasing significant growth in both revenue and profitability. The mobile technology and digital advertising company demonstrated robust operational performance with double-digit growth across key financial metrics, including improved EBITDA margins.
Financial Performance Overview
The company's consolidated financial results highlight sustained business momentum during the quarter. Revenue, net profit, and EBITDA all registered substantial year-on-year improvements, indicating effective business execution and market positioning.
| Financial Metric: | Q3 Current Year | Q3 Previous Year | Growth (%) |
|---|---|---|---|
| Revenue: | ₹7.2 billion | ₹6.1 billion | 18.03% |
| Consolidated Net Profit: | ₹1.2 billion | ₹1.0 billion | 20.00% |
| EBITDA: | ₹1.6 billion | ₹1.31 billion | 22.14% |
| EBITDA Margin: | 22.73% | 21.84% | +89 bps |
Revenue and Profitability Growth
Affle's revenue performance in Q3 reached ₹7.2 billion, representing an 18.03% increase from the ₹6.1 billion recorded in the same quarter of the previous year. The company's consolidated net profit showed even stronger momentum, growing 20% year-on-year to ₹1.2 billion from ₹1 billion in Q3 of the previous year.
EBITDA Performance and Margin Expansion
The company's EBITDA demonstrated strong growth, increasing to ₹1.6 billion from ₹1.31 billion in the previous year, marking a 22.14% year-on-year improvement. More notably, the EBITDA margin expanded to 22.73% from 21.84% in the same quarter last year, reflecting improved operational efficiency and better cost management.
Business Performance Summary
The quarterly results demonstrate Affle's consistent ability to deliver growth across all key financial metrics. The company maintained its upward trajectory with revenue expansion of over 18% while achieving even higher profit growth of 20% and EBITDA growth of over 22%. The margin expansion indicates strong operational leverage and effective cost management strategies, positioning the company well for continued growth.
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