External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

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External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>In Q4FY23, Affle Ltd. reported tepid growth with revenue at Rs 356 Cr, registering a de- growth of 5.4% QoQ.</li><li>Consolidated EBITDA for the quarter de-grew by 10.8% QoQ to Rs 712 Cr, led by the lower international business.</li><li>The company’s EBITDA margins also declined by 140 bps QoQ to 20% in Q4FY23. It reported a net income of Rs 62 Cr, down 9.5% QoQ.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

In Q4FY23, Affle Ltd. reported tepid growth with revenue at Rs 356 Cr, registering a de- growth of 5.4% QoQ.Consolidated EBITDA for the quarter de-grew by 10.8% QoQ to Rs 712 Cr, led by the lower international business.The company’s EBITDA margins also declined by 140 bps QoQ to 20% in Q4FY23. It reported a net income of Rs 62 Cr, down 9.5% QoQ.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Affle Ltd. - Results Below Expectation Due to Seasonally Weak Quarter

Affle (India) Limited

Affle Ltd. - Results Below Expectation Due to Seasonally Weak Quarter