Revenue growth of 20.4% (y-o-y) | PAT growth of 42.3% (y-o-y)
Affle (
Q1 FY2021 Highlights (y-o-y):
§ Revenue
from Operations of Rs. 89.8 crores, an increase of 20.4% y-o-y
§ EBITDA
at Rs. 22.5 crores, an increase of 20.3% y-o-y
§ PAT
at Rs. 18.8 crores, an increase of 42.3% y-o-y
§
PAT margin expansion by 2.7% y-o-y
Q1 FY2021 Highlights (q-o-q):
§ Revenue
up by 12.2% q-o-q
§
PAT up by 22.8% q-o-q
Affle
reported a strong performance for Q1 FY2021 with a consolidated revenue from
operations of Rs. 89.8 crores, an increase in revenue by 20.4% y-o-y. EBITDA
was at Rs. 22.5 crores, an increase of 20.3% y-o-y. PAT increased by 42.3%
y-o-y to Rs. 18.8 crores, and PAT margin stood at 20.4% for the quarter, an
expansion of 2.7% from Q1 last year. This growth has been broad-based
coming from both CPCU business and Non-CPCU business. The CPCU business
continued its positive momentum delivering a total of 1.7 crore of converted
users in Q1 FY2021.
The
top-10 industry verticals for the Company have been Covid-19 resilient, helping
it register a robust growth in this quarter on both year-on-year basis and
sequential basis (q-o-q).
In Rs. Crore |
Q1 FY2021 |
Q1 FY2020 |
Y-o-Y Growth |
Revenue from Operations |
89.8 |
74.6 |
20.4% |
EBITDA |
22.5 |
18.7 |
20.3% |
Profit After Tax |
18.8 |
13.2 |
42.3% |
% PAT Margin |
20.4% |
17.6% |
|
Commenting on the results, Anuj Khanna Sohum, the Chairman, MD
and CEO of Affle said:
“08.08.20 is our 1st IPO anniversary since Affle competed its
successful IPO in
The resilient nature of our business enabled our continued growth
trajectory in Q1 FY2021 with stronger demand in June from both
Affle remains committed to deliver new innovations
and leverage capabilities to drive sustainable growth, while looking to invest
in credible consolidation opportunities that shall enhance value for our
stakeholders.”
August 09, 2020,