Affle (India) shares fell more than 3% following the announcement of its Q3FY25 earnings, despite posting solid year-on-year growth. The digital advertising and marketing technology firm reported a 20.65% increase in revenue, reaching ₹601.7 crore compared to ₹498.7 crore in the same quarter last year.
The company’s EBITDA rose 15.45% to ₹506.6 crore, up from ₹438.8 crore. However, the EBITDA margin declined by 379 basis points to 84.19% from 87.98%, signaling higher operational costs. Net profit saw an impressive 30.43% rise, coming in at ₹100.2 crore against ₹76.82 crore in Q3FY24.
Affle (India) Ltd’s shares opened today at ₹1,673.85, reaching a high of ₹1,690.45 and a low of ₹1,599.70. The stock remains volatile, with a 52-week high of ₹1,884.00 and a low of ₹998.20.
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