Affle India Ltd Q3 PAT doubles to Rs62.07cr on doubling of EBIT on the Consumer Platform

6 Feb 2022 , 08:58 PM

Affle India Ltd reported 125.53% growth yoy in total revenues for the Dec-21 quarter on consolidated basis at Rs339.40cr. On a sequential basis, the revenues were higher for the quarter by 23.55%.

During the quarter, the India revenues grew 42% at Rs111.27cr. The global revenues in Q3 grew by a whopping 197% yoy at Rs233.24cr, providing the much needed traction.

For the India business, most of the growth came from the consumer platform with marginal contribution coming from the enterprise platform.

The consolidated Profit after tax (PAT) for the Dec-21 quarter was up 102.6% at Rs62.07cr on doubling of profits in the India consumer enterprise platform.

In terms of the EBIT contribution of geographic verticals, the India vertical grew EBIT at 93% to Rs17.67cr. The international business vertical EBIT grew by a healthy 113% at Rs54.79cr on good traction in customer insights and analytics orders.

Net margins tapered from 20.36% in the Dec-20 quarter to 18.29% in the Dec-21 quarter. Net margins were higher sequentially by 96 bps.

Financial highlights for Dec-21 compared yoy and sequentially

	Affle India
Rs in Crore	Dec-21	Dec-20	YOY	Sep-21	QOQ
Total Income (Rs cr)	₹ 339.40	₹ 150.49	125.53%	₹ 274.70	23.55%
Net Profit (Rs cr)	₹ 62.07	₹ 30.64	102.58%	₹ 47.61	30.37%
Diluted EPS (Rs)	₹ 4.70	₹ 2.41		₹ 3.62
Net Margins	18.29%	20.36%		17.33%