Affle India Ltd Q4 consolidated PAT up YoY at Rs. 15.28 crore

Affle India Ltd has reported financial results for the period ended March 31, 2020.

Financial Results (Q4 FY19-20) - QoQ Comparison

The company has reported total income of Rs.83.43 crores during the period ended March 31, 2020 as compared to Rs.96.22 crores during the period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.15.28 crores for the period ended March 31, 2020 as against net profit / (loss) of Rs.21.44 crores for the period ended December 31, 2019.

The company has reported EPS of Rs.6.10 for the period ended March 31, 2020 as compared to Rs.8.60 for the period ended December 31, 2019.

Financials	Q4 FY19-20	Q3 FY19-20	% Change
Total Income	₹ 83.43 crs	₹ 96.22 crs	-13.29%
Net Profit	₹ 15.28 crs	₹ 21.44 crs	-28.73%
EPS	₹ 6.10	₹ 8.60	-29.07%

Financial Results (Q4 FY19-20) - YoY Comparison

The company has reported total income of Rs.83.43 crores during the period ended March 31, 2020 as compared to Rs.60.81 crores during the period ended March 31, 2019.

The company has posted net profit / (loss) of Rs.15.28 crores for the period ended March 31, 2020 as against net profit / (loss) of Rs.14.46 crores for the period ended March 31, 2019.

The company has reported EPS of Rs.6.10 for the period ended March 31, 2020 as compared to Rs.5.96 for the period ended March 31, 2019.

Financials	Q4 FY19-20	Q4 FY18-19	% Change
Total Income	₹ 83.43 crs	₹ 60.81 crs	37.2%
Net Profit	₹ 15.28 crs	₹ 14.46 crs	5.67%
EPS	₹ 6.10	₹ 5.96	2.35%

Financial Results (12 months ended FY 19-20) - YoY Comparison

The company has reported total income of Rs.339.87 crores during the 12 months period ended March 31, 2020 as compared to Rs.249.79 crores during the 12 months period ended March 31, 2019.

The company has posted net profit / (loss) of Rs.65.51 crores for the 12 months period ended March 31, 2020 as against net profit / (loss) of Rs.48.82 crores for the 12 months period ended March 31, 2019.

The company has reported EPS of Rs.26.13 for the 12 months period ended March 31, 2020 as compared to Rs.20.10 for the 12 months period ended March 31, 2019.

Financials	Year Ended FY19-20	Year Ended FY18-19	% Change
Total Income	₹ 339.87 crs	₹ 249.79 crs	36.06%
Net Profit	₹ 65.51 crs	₹ 48.82 crs	34.19%
EPS	₹ 26.13	₹20.10	30%

Commenting on the results, Anuj Khanna Sohum, the Chairman, MD and CEO of Affle said: "Built to Last! This is what best describes the fundamental DNA of our Company. Since 2005, Affle has successfully navigated several industry / technological changes by focusing on our strategic vision and financial fundamentals, ably guided by a committed leadership team. Affle achieved momentous progress across all the fronts in FY2020 and we are stronger than ever before to face the tough macroeconomic factors including the COVID-19 pandemic.

Affle continued its growth trajectory during the year where this growth was broad based coming from both existing and new customers, contributed by consistent growth in advertiser spends across industry verticals and across India and Other Emerging Markets. Looking forward, while the times are uncertain, we remain confident of the long term business prospects and are well positioned to navigate ahead to gain further market share. 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 all our stakeholders."

Shares of Affle India Ltd. was last trading in BSE at Rs. 1545 as compared to the previous close of Rs. 1499.15. The total number of shares traded during the day was 6364 and the deliverable quantity was 2845.

The stock hit an intraday high of Rs. 1574.10 and intraday low of 1461.10.

Source : Equity Bulls

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