RMG headwinds in India
Real money gaming vertical continues to face regulatory and operational challenges, impacting ad budgets. Management expects carry-forward effect into Q3.
AFFLE / Q2-FY26 / risks
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Affle 3i · Material risks, their source context, and severity in the latest available quarter.
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Risk intelligence
Material risks this quarter
medium
US budget rollover due to tariff uncertainty
Some US advertisers deferred budgets from Q2 to Q3 due to tariff-related uncertainty, though pipeline remains strong.
Potential margin pressure from provisioning
Additional provisioning for trade receivables in RMG vertical impacted PBT by ~0.5%, with ongoing assessment required.