Lucent Industries Ltd — Updates, 12-08-2025: Company Update
12-08-2025 | 08:54 pm
12-08-2025 | 08:54 pm
Lucent Industries posted robust Q1 FY26 results, with Revenue from Operations up 23.5% QoQ to Rs. 5.58 Cr. EBITDA surged 34.3% QoQ to Rs. 1.60 Cr, and PAT climbed 34.7% QoQ to Rs. 1.34 Cr. Further, the company has announced plans to acquire 100% of Mobavenue Media, an AI-powered ad-tech company. Mobavenue reported FY25 revenue of Rs. 149.90 Cr and PAT of Rs. 16.10 Cr. This strategic move aims to bolster Lucent's AI-powered advertising capabilities and expand its global footprint, pending shareholder approval.
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