Financial Performance Highlights

Q2 FY2027 Performance (Year-over-Year Comparison)

  • Revenue from Operations: ₹783.6 crore, increased 21.2% from ₹646.7 crore in Q2 FY2026
  • EBITDA: ₹181.4 crore, increased 24.2% from ₹146.1 crore in Q2 FY2026
  • EBITDA Margin: 23.2%, increased 56 basis points from 22.6% in Q2 FY2026
  • PAT: ₹129.8 crore, increased 17.4% from ₹110.5 crore in Q2 FY2026
  • PAT Margin: 16.2%, decreased from 16.5% in Q2 FY2026

H1 FY2027 Performance (Year-over-Year Comparison)

  • Revenue from Operations: ₹1,530.8 crore, increased 20.8% from ₹1,267.5 crore in H1 FY2026
  • EBITDA: ₹349.1 crore, increased 22.1% from ₹285.8 crore in H1 FY2026
  • EBITDA Margin: 22.8%, increased 25 basis points from 22.6% in H1 FY2026
  • PAT: ₹258.2 crore, increased 19.5% from ₹216.0 crore in H1 FY2026
  • PAT Margin: 16.4%, decreased from 16.5% in H1 FY2026

Sequential Performance (Q2 vs Q1 FY2027)

  • Revenue: ₹783.6 crore in Q2, increased 4.9% from ₹747.2 crore in Q1 FY2027
  • EBITDA: ₹181.4 crore in Q2, increased 8.2% from ₹167.6 crore in Q1 FY2027
  • PAT: ₹129.8 crore in Q2, increased 1.1% from ₹128.4 crore in Q1 FY2027

Business Metrics

  • Converted Users: 12.9 crore in Q2 FY2027, increased 18.2% year-over-year
  • H1 FY2027 Converted Users: 25.3 crore total
  • CPCU Revenue: ₹781.9 crore in Q2 FY2027

Management Commentary

Anuj Khanna Sohum, Chairperson, MD & CEO, stated that this represents the company's 15th consecutive quarter of sequential topline growth with highest-ever quarterly revenue run-rate, EBITDA, PAT and consumer conversions. He highlighted the strength of the differentiated CPCU business model in sustaining ROI for advertisers despite geopolitical tensions and macroeconomic headwinds. The company is progressing toward its "vision of 10X" and building a globally scaled, AI-powered full funnel Consumer Platform Stack across mobile, Connected TV and other Agentic/Autonomous Intelligent Connected Devices.

Growth Drivers

The growth was described as broad-based across India and International markets, driven by strong momentum in top industry verticals and the CPCU business model, with operating margin expansion on both year-over-year and quarter-over-quarter basis.