Results · Consumer Internet & Media
Mobavenue AI Tech net profit jumps 94% in Q1
By Startup Enthusiast ·
- Date
- Company
- Mobavenue AI Tech
- What it does
- AI-powered adtech platform
- Kind
- Results
- Founded
- 2017
What they do
Mobavenue AI Tech offers an AI-powered adtech platform for digital-first brands
What happened
It reported Q1 FY27 net profit of ₹11.7 Cr, up 94.3% year-on-year
Why it matters
Operating revenue rose 57% to ₹72.8 Cr, driven by higher supply and data costs
The details
- Mobavenue AI Tech announced its Q1 FY27 financial results.
- Operating revenue was ₹72.8 Cr, a 57% increase from ₹46.4 Cr in Q1 FY26.
- Sequentially, net profit grew 38.2% from ₹8.4 Cr in Q4 FY26.
- Operating revenue reached ₹72.8 Cr, up 57% year-on-year from ₹46.4 Cr.
- Sequential revenue growth was 16.3% from ₹62.6 Cr in the previous quarter.
- Total income stood at ₹75 Cr, including other income of ₹2.2 Cr.
- Total expenses rose 54.7% to ₹59.5 Cr, with supply and data costs at ₹44 Cr.
- Employee benefit expenses increased 92.1% to ₹8.4 Cr.
The bigger picture
- Revenue growth outpaced profit growth, indicating improving margins.
- Supply and data costs, the largest expense, rose 51.6% in line with revenue.
- Employee costs nearly doubled, reflecting investment in talent.
About the business
- Mobavenue AI Tech was founded in 2017 and offers an AI-powered adtech platform.
- It provides digital advertising, performance marketing, and data intelligence services.
- The platform helps clients acquire users, increase engagement, and monetise digital inventory.
- Its client portfolio includes HDFC Bank, ICICI Bank, boAt, Groww, Flipkart, PhonePe, and IndiGo.
- The core team is based in India, with a presence in around 10 countries.
The deal
- Type
- results
Founders
- Ishank Joshi, Founder
- Tejas Rathod, Founder
- Kunal Kothari, Founder
More on Mobavenue AI Tech
- Mobavenue AI Tech to host virtual investor meeting on September 3025 September 2026 · News
- Mobavenue launches Neural Engine AI layer16 September 2026 · Launch
- Mobavenue AI Tech reports strong quarterly growth and merger12 September 2026 · Results · ₹72.85 crore
- Mobavenue AI Tech to merge with subsidiary9 September 2026 · Acquisition
- Mobavenue AI Tech plans board meeting for subsidiary merger2 September 2026 · Policy
- Mobavenue launches Neural Engine for campaign automation24 August 2026 · Launch
- Mobavenue AI Tech wins multiple industry advertising awards3 August 2026 · News
- Mobavenue AI Tech begins US operations through Mobavenue LLC9 July 2026 · Launch
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