India, Nov. 3 -- Adtech company Mobavenue, formerly known as Lucent Industries, reported a 54.4% jump in its consolidated net profit to Rs.11.3 Cr in the September quarter of FY27 (Q2 FY27) from Rs.7.3 Cr in the year-ago period. Operating revenue rose 41.2% YoY to Rs.76.7 Cr.

Sequentially, the top line increased 5.3% from Rs.72.8 Cr, while net profit declined about 3% from Rs.11.7 Cr.

Total income, including an other income of Rs.1 Cr, stood at Rs.77.7 Cr during the quarter, up 42% YoY. Total expenses increased 40.1% YoY to Rs.62.2 Cr from Rs.44.4 Cr. Supply and data costs, the largest expense component, rose 34.6% to Rs.44.9 Cr, while employee benefit expenses increased 63.1% to Rs.9.9 Cr.

Profit before tax grew 49.6% to Rs.15.5 Cr fr...