InMobi’s FY23 profit up by Rs 89 cr; revenue sees leaps of 41%

InMobi Technology Services has witnessed good growth in FY2023, with mobile advertising platform seeing a significant jump of 41% in its revenues to reach Rs 589.57 crore, as compared to Rs 415.93 crore in FY22, as per data from business intelligence platform Tofler.

Revenue from operations was reported at Rs 587 crore in FY2023, up from Rs 413.83 crore in 2022.

InMobi’s profit after tax (PAT) for FY23 stood at Rs 113.2 crore, a huge leap from Rs 24.5 crore reported in FY22.