India, Aug. 11 -- Listed adtech company Mobavenue AI Tech's net profit zoomed 94.3% to Rs.11.7 Cr in the first quarter (Q1) of the fiscal year 2026-27 (FY27) from Rs.6 Cr in the year ago quarter. On a sequential basis, profit grew 38.2% from Rs.8.4 Cr in Q4 FY26.

Meanwhile, operating revenue surged nearly 57% to Rs.72.8 Cr in the quarter under review compared to Rs.46.4 Cr in Q1 FY26. Sequentially, the top line jumped 16.3% from Rs.62.6 Cr in the preceding quarter.

Including other income of Rs.2.2 Cr, the company's total income for the quarter stood at Rs.75 Cr. Meanwhile, total expenses rose 54.7% YoY and 15.5% QoQ to hit Rs.59.5 Cr in Q1 FY27.

(This story will be updated soon)

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