Mobavenue AI Tech Limited Q2 FY27 Profit Rises 54.4% to ₹11.3 Crore
Key highlights
- Mobavenue AI Tech Limited reported Q2 FY27 net profit of ₹11.3 crore, up 54.4% year-on-year.
- Revenue from operations increased 41.2% year-on-year to ₹76.7 crore in Q2 FY27.
- Total expenses rose 40.1% to ₹62.2 crore, while profit before tax grew 49.6% to ₹15.5 crore.
- Mobavenue AI Tech declared an interim FY27 dividend of ₹0.10 per equity share.
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Mobavenue AI Tech Limited reported consolidated net profit of ₹11.3 crore in Q2 FY27, a 54.4% year-on-year increase, while revenue from operations rose 41.2% to ₹76.7 crore. The September-quarter performance showed profit growth ahead of revenue growth, although net profit was about 3% lower than the preceding quarter.
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What did Mobavenue AI Tech report for Q2 FY27?
Mobavenue AI Tech reported consolidated profit after tax of ₹11.3 crore for the quarter ended September 30, 2026, compared with ₹7.3 crore in Q2 FY26. Revenue from operations increased from the year-ago period to ₹76.7 crore, while total income, including ₹1 crore of other income, reached ₹77.7 crore.
The company, formerly known as Lucent Industries, had announced that it would report its Q2 FY27 results on November 3, 2026. It also declared an interim dividend of ₹0.10 per equity share for FY27 alongside the quarterly financial results.
How did the quarter compare with Q1 FY27?
Mobavenue AI Tech's revenue from operations rose 5.3% sequentially from ₹72.8 crore in Q1 FY27 to ₹76.7 crore in Q2 FY27. However, net profit declined from ₹11.7 crore in the June quarter to ₹11.3 crore in the September quarter, a fall of about 3%.
The Q1 FY27 base was itself strong. In that quarter, revenue grew 56.9% year-on-year and profit after tax rose about 95% year-on-year. Q1 profit before tax stood at ₹15.5 crore, broadly matching the ₹15.5 crore reported in Q2, while the Q2 tax expense was higher at ₹4.2 crore.
Which costs increased during the September quarter?
Mobavenue AI Tech's total expenses rose 40.1% year-on-year to ₹62.2 crore, below the 42% increase in total income. Supply and data costs remained the largest expense line and increased 34.6% to ₹44.9 crore during the quarter.
Employee benefit expenses rose faster than the overall expense base, increasing 63.1% year-on-year to ₹9.9 crore. Despite these cost increases, profit before tax advanced 49.6% to ₹15.5 crore, indicating that the expansion in income exceeded the growth in aggregate expenses for the period.
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How does Q2 fit into Mobavenue AI Tech's recent growth record?
Mobavenue AI Tech's Q2 figures follow a period of significant expansion in FY26. On a consolidated basis, revenue from operations for FY26 was ₹218.5 crore, compared with ₹86.7 crore in FY25, while consolidated profit after tax increased to ₹29.3 crore from ₹9.7 crore.
The company has described its business as technology-led marketing solutions. Its Q1 FY27 disclosures showed direct clients accounted for 65.2% of revenue, while international markets contributed 20.7%, with India remaining the anchor market. The company also reported 14.16 million verified outcomes in Q1 FY27 at revenue per outcome of ₹49.94.
What does the Q2 result mean for investors and operations?
The Q2 result shows that Mobavenue AI Tech maintained double-digit growth in revenue and earnings despite a modest sequential decline in profit. Revenue growth of 41.2% and net-profit growth of 54.4% year-on-year suggest that profitability increased faster than the top line in comparison with the September quarter last year.
For investors, the movement in supply and data costs and employee expenses remains relevant because these are material operating cost lines. The declared interim dividend of ₹0.10 per share is an additional capital-return decision, while the Q2 figures provide the latest reported reference point for assessing the company's execution after its strong Q1 FY27 growth.
Conclusion
Mobavenue AI Tech delivered higher year-on-year revenue, profit before tax and net profit in Q2 FY27. The company reported ₹76.7 crore in operating revenue and ₹11.3 crore in net profit, with total income growing slightly faster than total expenses during the quarter.
The next areas to watch are the company's subsequent quarterly disclosures, particularly the trajectory of sequential profitability, supply and data costs, employee expenses, and the contribution of direct clients and international markets. The company has also declared an interim dividend of ₹0.10 per equity share for FY27.