Report on Hindi News Viewership

Affle Q3 results: Reports revenue growth of 125.5% y-o-y

Recorded PAT growth of 102.6 per cent (y-o-y)


Mumbai: Affle (India) has reported a strong performance for Q3 FY2022 with a consolidated revenue from operations of Rs 339.4 crores, an increase in revenue of 125.5 per cent y-o-y from Rs 150.5 crores in Q3 last year.

The consumer intelligence-driven global technology company announced the results for the third quarter and nine months ended 31  December 2021.

EBITDA was at Rs 67.7 crores, an increase of 76.4 per cent y-o-y. PAT increased by 102.6 per cent y-o-y to Rs 62.1 crores from Rs 30.6 crores in Q3 last year. This growth was broad-based coming from both CPCU business and Non-CPCU business, across India & International markets.

For 9M FY2022, consolidated revenue was at Rs 766.6 crores, an increase of 104.3 per cent y-o-y. EBITDA was at Rs. 154.8 crores, an increase of 62.4 per cent y-o-y. PAT increased by 90.6% y-o-y to Rs. 145.4 crores and PAT margin stood at 18.0 per cent. 

The CPCU business continued the growth momentum delivering 5.8 crores of converted users in Q3 FY2022, an increase of 91.2 per cent y-o-y and taking the total converted users delivered in 9M FY2022 to 13.9 crores. The top industry verticals for the company continued to be high growth, helping it register a strong performance in this quarter, it said in a statement.

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