MUMBAI: Affle India, a consumer intelligence driven global technology company has announced results for the second quarter and half-year ended 30 September, 2024.
For Q2 FY2025 consolidated revenue from operations was Rs. 542.9 crore, an increase of 25.9% y-o-y from revenue of Rs. 431.3 crore in Q2 last year. EBITDA stood at Rs. 113.3 crore, an increase of 29.9% y-o-y. EBITDA margin was at 20.9% in Q2 FY2025, an increase of 65 basis points on a y-o-y basis. PAT increased by 37.7% y-o-y to Rs. 92 crore from Rs. 66.8 crore in Q2 last year. This growth was broad-based coming across India and International markets.
For H1 FY2025, consolidated revenue from operations stood at Rs. 1,062.4 crore, an increase of 26.8% y-o-y. EBITDA was at Rs. 217.8 crore, an increase of 31.8% y-o-y and EBITDA margin stood at 20.5%. PAT increased by 34.3% y-o-y to Rs. 178.6 crores.
The CPCU business delivered 9.5 crores converted users in Q2 FY2025, an increase of 31.6% y-o-y and taking the total converted users delivered in H1 FY2025 to 18.6 crore. The CPCU revenue stood at Rs. 541.6 crore in Q2 FY2025, an increase of 35.2% y-o-y.
The top industry verticals for the company continued momentum, helping it register growth anchored on the CPCU business model along with an operating margin expansion on a y-o-y basis.
Anuj Khanna Sohum MD, CEO Affle said, “We delivered yet another quarter of standout performance with Q2 FY2025 marked by accelerated growth momentum. With global digital spending continuously on the rise, we see strong opportunities across our industry verticals and in both India & international markets. Developed markets are also experiencing sustained growth, emerging as a key avenue for further expansion.
“This performance reflects the strength of our unified Affle2.0 Consumer Platform Stack fully integrated to our ConvergeAI Supply Cloud, that enables robust cross-platform efficiencies and elevates our ROI-driven CPCU use cases with strong competitive advantages. Our expanding suite of Gen AI-powered capabilities is pushing the boundaries of AI, delivering impactful, data-driven experiences that amplify user engagements and yield measurable outcomes. During the quarter, Affle was awarded ISO 27001:2022 certification, showcasing our proactive approach to data protection and information security.
“As we progress in the second half of FY2025, we are confident of maintaining our growth momentum, unlocking greater value for all our stakeholders.”