Affle posts Q1 revenue growth of 28% y-o-y

Affle (India) Limited has reported for Q1 FY2025 a consolidated revenue from operations of Rs. 519.5 crore, an increase of 27.8% y-o-y from revenue of Rs. 406.6 crore in Q1 last year.

EBITDA stood at Rs. 104.7 crore, an increase of 34.0% y-o-y.

EBITDA margin stood at 20.1%, an increase of 93 basis points on a y-o-y basis.

PAT increased by 30.8% y-o-y to Rs. 86.6 crore from Rs. 66.2 crore in Q1 last year. PAT margin stood at 15.9% in Q1 FY2025. This growth was broad-based coming across India and International markets.

Commenting on the results, Anuj Khanna Sohum, the MD and CEO of Affle said: “We continue to exceed our performance targets, with Q1 FY2025 marking yet another quarter of significant growth having achieved our highest quarterly revenue run-rate, highest EBITDA and consumer conversions till date. Mirroring the previous quarter growth trends, this period also witnessed persistent increase in digital advertising spends powered by our unique ROI-linked CPCU business model, coming across our markets and key industry verticals.

This performance was a result of our strategic efforts to consolidate all our business and platform operations into a unified, fully-integrated unit, further augmenting our consumer-centric platform offerings. We continued to deepen our market penetration through strategic enhancements in our Affle2.0 Consumer Platform Stack, including the responsible integration and rollout of GenAI-powered solutions, underpinned by our extensive GenAI patent portfolio.
We remain optimistic of the industry trends and are well-positioned to maintain our strong growth momentum, continuing to deliver value and achieve exceptional results for all our stakeholders.”