Mobavenue AI Tech Limited reported strong growth for H1 FY27, with revenue rising 48.6% to Rs 149.6 crore and PAT surging 72.2% to Rs 22.9 crore. The company also announced a merger of its Indian subsidiary to streamline operations.
Mobavenue AI Tech Reports Strong Q2 and H1 Growth
Revenue grew 48.6% YoY to Rs 149.6 crore for H1 FY27; Profit After Tax rose 72.2% to Rs 22.9 crore.
Reader Takeaway: Robust margin expansion above 20% drives earnings growth, though the pending subsidiary merger requires regulatory clearance.
What just happened
Mobavenue AI Tech Limited has posted strong consolidated financial results for the second quarter and first half of fiscal year 2027. The company's revenue for H1 reached Rs 149.6 crore, compared to Rs 100.7 crore in the same period last year. Profits followed a similar upward trajectory, with PAT hitting Rs 22.9 crore. Operational efficiency is high, with EBITDA margins maintaining a consistent level of 21.1% for three consecutive quarters.
Why this matters
The company is scaling its platform rapidly, currently processing 1.4 billion signals daily across 13 countries. The 52.3% year-over-year increase in consumer outcomes to 15 million in Q2 highlights strong demand for its AI-driven services. Furthermore, international revenue contribution expanded to 23.8% in Q2, indicating successful geographical diversification.
Strategic Developments
Mobavenue AI Tech has initiated the merger of its wholly-owned Indian subsidiary into the parent entity. This consolidation is aimed at simplifying the corporate structure and reducing operational overheads. Additionally, the company has expanded its leadership team by appointing Eric Lind as the Country Head for the United States to accelerate its American expansion strategy.
Risks to watch
The proposed merger of the subsidiary remains subject to necessary regulatory and legal approvals. Investors should also watch the execution of the US market expansion and the integration of the regional hub in Singapore, as these are critical for maintaining the current growth momentum.
Context metrics
Q2 FY27 revenue grew 41.3% to Rs 76.7 crore, with EBITDA rising 47.3% to Rs 16.2 crore. PAT for the quarter stood at Rs 11.3 crore, marking a 54.8% increase compared to the previous year.