Updated 9 min ago 5-minute briefNewsletterRSS Visits 195
More
Search

Mobavenue Q2 Profit Rises 54% YoY To ₹11.3 Cr, Revenue Up 41%

Source: Inc42Akshit PushkarnaNovember 3, 2026
Read the full story at Inc42

Mobavenue (formerly Lucent Industries) posted strong Q2 FY27 results with consolidated net profit jumping 54.4% to ₹11.3 Cr and operating revenue rising 41.2% to ₹76.7 Cr. Profit before tax grew 49.6% to ₹15.5 Cr. The company declared an interim dividend of ₹0.10 per share, though promoters voluntarily waived their entitlements. Supply and data costs remained the largest expense component at ₹44.9 Cr.

Key points

  • Mobavenue net profit up 54.4% YoY to ₹11.3 Cr
  • Operating revenue grew 41.2% YoY to ₹76.7 Cr
  • Declared ₹0.10 interim dividend per share

Summary and key points written by AI from the headline and a short excerpt, so they can be incomplete or wrong. Inc42 did the reporting; read the original for the full story.

Read the full story at Inc42

More in Startups & Funding

Discover all