Mobavenue Reports 54% YoY Rise in Q2 PAT to ₹11.3 Cr

3 Nov 2026, 3:44 pm · 2h ago · 1 min read · Inc42New

Adtech firm Mobavenue, formerly known as Lucent Industries, posted a 54.4% year-on-year increase in consolidated net profit to ₹11.3 crore for the second quarter ending September of FY27. Operating revenue rose 41.2% year-on-year to ₹76.7 crore, up 5.3% sequentially. Total expenses climbed 40.1% to ₹62.2 crore, primarily driven by supply, data, and employee benefit costs. The board declared an interim dividend of ₹0.10 per equity share with a record date of November 13, while company promoters Prachi, Kunal Kothari, and Tejas Rathod voluntarily waived their dividend entitlements.