Affle 3i Reports Q1 Results: Standalone Profit Jumps While Group Income Reaches INR 25,041 Million

Affle 3i Reports Q1 Results: Standalone Profit Jumps While Group Income Reaches INR 25,041 Million​

Affle 3i Limited and its subsidiaries reported their unaudited financial results for the first quarter ended June 30, 2026. The parent company recorded a profit of INR 40,838 million in that period, while the consolidated group reported total income of INR 25,041 million.

The results were reviewed by Walker Chandiok & Co LLP, Chartered Accountants. Affle 3i Limited's Board of Directors approved the standalone financial statements following a meeting held on August 8, 2026.

Standalone Financial Performance​

Affle 3i Limited's Q1 performance showed significant figures across various metrics compared to previous periods. The company reported total income of INR 2,591.76 million in the quarter ending June 30, 2026. Profit before tax stood at INR 54,827 million, and the resulting profit for the period was recorded at INR 40,838 million.

The unaudited standalone financial results are summarized below:

Consolidated Group Results​

The consolidated results of Affle 3i Limited and its subsidiaries reflected a different scale of operations compared to the parent company's standalone figures. The group reported total income of INR 25,041 million for the quarter ending June 30, 2026. Profit before tax was recorded at INR 1,577.87 million, and profit attributable to equity holders of the parent amounted to INR 1,28439 million.

The consolidated quarterly financial highlights are presented below:

Capital and Operational Updates​

The company reported several significant movements related to its capital structure and ongoing operations during the period.

Regarding investment in Talent Unlimited Online Services Private Limited (Bobble), which is one of the investee companies, the carrying value of the held-for-sale investment remains at INR 1,358.28 million for a 24.07% stake. The company has filed an appeal against the insolvency proceedings initiated by the Delhi Bench of Hon'ble National Company Law Tribunal before the Delhi bench of Hon'ble National Company Law Appellate Tribunal.

In terms of capital events, the Group previously completed a preferential allotment to Gamnat Pte. Ltd. for INR 7,374.28 million (net of issue expenses of INR 115.95 million). As of June 30, 2026, INR 2,383.19 million of this amount has been utilized towards specified purposes, with the balance remaining invested in fixed and other deposits.

The company also received in-principle approval from stock exchanges for the allotment of 7,400,000 convertible warrants to Affle Holdings Pte. Ltd. at a warrant issue price of INR 1,487, following the receipt of INR 2,750.95 million (which is 25% of the total issue price). The remaining balance will be received upon allotment of fully paid-up equity shares against each warrant.

Operationally, Affle MEA FZ LLC entered into an Asset Purchase Agreement to acquire the business of AdColony from Digital Turbine, Inc., for a consideration of USD 4.70 million (approximately INR 444.10 million).

AFFLE Stock Price Movement​

Shares of Affle 3i Limited slipped by 4.07% on Friday, closing at ₹1645.6 after shedding ₹68.70 from the previous day's close. The stock traded volumes of 310,792 shares during the session and briefly dipped to a low of ₹1593.5.