Affle India consolidated net profit up 51% for Q2
The mobile advertisement firm has registered a profit of Rs 16 crore, media reports said
Affle India has recorded a 51 per cent jump in consolidated net profit for the quarter ended September 30, 2019, as per media reports.
The mobile advertisement firm has registered a profit of Rs 16 crore, when compared to the same period in the last financial year.
The total income has jumped 42 per cent to Rs 85.35 crore.
“The growth in Affle's consumer platform business was well supported by the overall consumer trends of greater time spent across connected devices, increased adoption of online payments and consistent growth in digital marketing spends across key industry verticals including e-commerce, food, travel, transport, entertainment/OTT/gaming, healthcare, BFSI/fintech, telecom and others,” Chairman, MD and CEO Anuj Khanna Sohum said in a statement, media reports said.
