Adtech company office operations with employees working
Mobavenue AI Tech, a publicly listed adtech company, has announced a significant financial performance for the first quarter of fiscal year 2026-27 (Q1 FY27). The company reported a net profit of ₹11.7 crore, marking a substantial year-on-year increase of 94.3% from ₹6 crore in the same quarter of the previous fiscal year. On a sequential basis, profit grew by 38.2% from ₹8.4 crore in Q4 FY26.
The company’s operating revenue also demonstrated strong growth, surging by nearly 57% to ₹72.8 crore in the reported quarter, compared to ₹46.4 crore in Q1 FY26. This represents a sequential increase of 16.3% from ₹62.6 crore in the preceding quarter.
Including other income amounting to ₹2.2 crore, Mobavenue AI Tech’s total income for Q1 FY27 reached ₹75 crore. Total expenses for the quarter rose to ₹59.5 crore, an increase of 54.7% year-on-year and 15.5% quarter-on-quarter.
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