Financial Performance Summary
Quarterly Financial Results (₹ in million)
| Particulars | Q1 FY2027 | Q1 FY2026 | Y-o-Y Change | Q4 FY2026 | Q-o-Q Change |
| Revenue from Operations | 728 | 464 | 56.9% | 626 | 16.3% |
| EBITDA | 154 | 87 | 77% | 133 | 15.8% |
| EBITDA Margin (%) | 21.2% | 18.8% | 240 bps | 21.2% | 0 bps |
| Profit Before Tax | 155 | 84 | 84.5% | 115 | 34.8% |
| Profit After Tax | 117 | 60 | 95% | 84 | 39.3% |
| PAT Margin (%) | 16.1% | 12.9% | 320 bps | 13.4% | 270 bps |
Q1 FY2027 and Q1 FY2026 figures are unaudited and consolidated. Q4 FY2026 figures are unaudited quarterly figures derived from the audited annual results for FY2026.
Operational Metrics
- Consumer outcomes delivered: 14.16 million (up 57.3% YoY)
- Revenue Per Outcome: ₹49.94 (up 11.0% YoY)
- Geographic revenue mix: India 79.3%, International markets 20.7% (up from 11.5% in FY2026)
- Client mix: Direct clients accounted for 65.2% of revenue
- Other income: ₹22 million
Business Developments and Product Launches
- Launched Mobavenue Neural Engine: A single AI layer that runs across the entire advertising process, allowing campaign launch in under 59 seconds
- Launched PiiX (πX): Growth intelligence platform purpose-built for Apple Ads, integrating Apple Search Ads, Custom Product Pages and App Store Optimization
- Took PrsmX (brand awareness platform) live in the Philippines
- Released AI Marketing Maturity Study with MMA India and EY covering 60+ marketing leaders across 11+ industries
- Opened offices in the United States and Singapore under UK entity
- New brand identity unveiled at New York's Times Square
Company Scale and Reach
- Serves 155+ brands across 12 countries
- Team size: 200+ employees
- Reach: Approximately 2.6 billion devices worldwide
- Processes over 1.3 billion consented consumer and campaign signals daily
- Bid decision time: under 15 milliseconds (industry benchmark ~50ms)
- Model retraining: 50+ terabytes of data in about 1 hour (previously 10-12 hours)
Management Commentary
Ishank Joshi, Founder, MD & CEO stated: \"Q1 FY27 reinforced the operating trajectory we have set out to build. We delivered revenue of ₹728 Mn, EBITDA of ₹154 Mn at a margin of 21.2% and PAT of ₹117 Mn, reflecting continued momentum.\"
Strategic Direction
Priorities for FY27 include:
- Disciplined growth and margin resilience
- Deepening technology advantage across AI, machine learning and agentic AI
- Expanding geographic reach across emerging and developed markets under asset-light model
- Strengthening AI platform stack and extending into new business vertical segments
- Evaluating selective inorganic opportunities