Affle Posts Robust FY2026 Results and Strong CPCU Momentum

11 May 2026 CW Team

For the full year, consolidated revenue reached Rs 27.093 billion, an increase of 19.5 per cent, while EBITDA rose to Rs 6.101 billion, up 26.3 per cent, reflecting operating leverage. EBITDA margin expanded to 22.5 per cent, an improvement of 120 basis points year on year, and reported profit after tax increased to Rs 4.549 billion, up 19.1 per cent, with PAT margin expanding to 16.3 per cent from 16.2 per cent.

The cost per converted user business demonstrated strong momentum, delivering 120 million (mn) converted users in the quarter and 456 million for the year, driving revenue and scale. CPCU revenue in the quarter was Rs 7.217 billion, up 20.1 per cent year on year, and the company attributed growth to continued strength across its top industry verticals and the ROI linked CPCU model. This performance supported margin expansion and reinforced the platform's performance orientation.

Management indicated that the company concluded the year at its highest annual revenue run rate and consumer conversions to date, marking the 13th consecutive period of quarter on quarter growth and reflecting the firm's AI led Consumer Platform Stack and CPCU model. The board described strategic progress including rollout of AI native capabilities, notably OpticksAI and an in house AI agent, and said structural tailwinds from rising digital ad spends and adoption of AI platforms underpin a favourable demand environment. Management stated that disciplined execution leaves the company well positioned to pursue sustainable, profitable growth for stakeholders.

Affle 3i reported robust results for the fourth quarter and twelve months ended 31 March 2026, with consolidated revenue from operations at Rs 7.244 billion (bn), up 20.3 per cent year on year, and EBITDA at Rs 1.612 billion, up 20.3 per cent. The fourth quarter EBITDA margin was 22.3 per cent, and reported profit after tax stood at Rs 1.195 billion, a rise of 16.0 per cent despite higher taxes. The growth was broad based across India and international markets. For the full year, consolidated revenue reached Rs 27.093 billion, an increase of 19.5 per cent, while EBITDA rose to Rs 6.101 billion, up 26.3 per cent, reflecting operating leverage. EBITDA margin expanded to 22.5 per cent, an improvement of 120 basis points year on year, and reported profit after tax increased to Rs 4.549 billion, up 19.1 per cent, with PAT margin expanding to 16.3 per cent from 16.2 per cent. The cost per converted user business demonstrated strong momentum, delivering 120 million (mn) converted users in the quarter and 456 million for the year, driving revenue and scale. CPCU revenue in the quarter was Rs 7.217 billion, up 20.1 per cent year on year, and the company attributed growth to continued strength across its top industry verticals and the ROI linked CPCU model. This performance supported margin expansion and reinforced the platform's performance orientation. Management indicated that the company concluded the year at its highest annual revenue run rate and consumer conversions to date, marking the 13th consecutive period of quarter on quarter growth and reflecting the firm's AI led Consumer Platform Stack and CPCU model. The board described strategic progress including rollout of AI native capabilities, notably OpticksAI and an in house AI agent, and said structural tailwinds from rising digital ad spends and adoption of AI platforms underpin a favourable demand environment. Management stated that disciplined execution leaves the company well positioned to pursue sustainable, profitable growth for stakeholders.

Technology

29 Jul 2026

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

Real Estate

29 Jul 2026

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Equipment

29 Jul 2026

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..