New Delhi, Aug 9 (SocialNews.XYZ) Affle (India) Ltd has reported a 42.3 per cent rise in its consolidated net profit for the April-June quarter at Rs 18.77 crore. During the corresponding period of last fiscal, it had reported a net profit of Rs 13.19 crore.
It reported a 20.37 per cent increase in its revenue from operations at Rs 89.77 crore during the period under review, the consumer intelligence-driven technology company said in a regulatory filing.
Commenting on the results, Anuj Khanna Sohum, Chairman, MD and CEO of Affle (India) said: "The resilient nature of our business enabled our continued growth trajectory in Q1 FY2021 with stronger demand in June from both India and international markets across industry verticals.
The lockdown helped the company to accelerate the consumer adoption of mobile apps and online services in India and it is well-positioned to benefit from this trend, the CEO said.
"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," he added.
Source: IANS
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz
This website uses cookies.
