InvestorQ : How do you see the results of Affle India announced for the Sep-20 quarter?
swati Bakhda made post

How do you see the results of Affle India announced for the Sep-20 quarter?

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Sam Eswaran answered.
3 weeks ago
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Affle India, the mobile and ecommerce enabling company, reported 59.3% growth in the Sep-20 quarter sales revenues at Rs.135 crore. Affle has seen its business take off in a big way during and post COVID.

Apart from the top line, even the profitability performance was good. For the Sep-20 quarter, the operating profits were up 55.36% at Rs.29.3 crore resulting in the operating margin or OPM actually contracting from 22.26% to 21.71% due to bigger base of sales.

Bottom line of the company was also smartly up. The Profit after tax or PAT for the Sep-20 quarter was up 73.06% to Rs.27 crore and that translated into PAT margins for the quarter expanded of 19.99% in Q2, representing a margin expansion of nearly 150 basis points.

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