AvenuesAI Q3 profit rises 15%, revenue more than doubles to ₹2,381 crore

/2 min read

ADVERTISEMENT

On the operational front, the company's revenue surged 122.5% to ₹2,381.2 crore during Q3 FY26, as against ₹1,070.4 crore reported during the year-ago quarter
AvenuesAI Q3 profit rises 15%, revenue more than doubles to ₹2,381 crore
 Credits: AvenuesAI (formerly Infibeam Avenues Limited)

AvenuesAI Limited (formerly Infibeam Avenues Limited) on Friday reported a 15.06% rise in its consolidated net profit (attributable to owners of the company) at ₹71.8 crore for the quarter ended December 31, 2025. The company had reported a net profit of ₹66.5 crore during the same quarter of the previous fiscal year (Q3 FY25).

On the operational front, the company's revenue surged 122.5% to ₹2,381.2 crore during Q3 FY26, as against ₹1,070.4 crore reported during the year-ago quarter. The top-line growth was primarily driven by the company’s structural transformation into an AI-native transaction infrastructure platform.

Operational highlights

During the quarter, AvenuesAI's total payment volume (TPV) soared 69% YoY to reach ₹1.36 lakh crore. The company's EBITDA grew over 22% YoY to ₹96 crore, while EBITDA margins dipped to 4% from nearly 7%.

The company recently launched PayCentral.ai, India’s first agentic payment platform, and is leveraging its recent RBI authorisations for prepaid payment instruments (PPI) and offline payment aggregator licences to scale its offline presence.

Revised FY26 guidance

Buoyed by the record Q3 performance, the management has raised its full-year guidance for FY26. The company now expects:

  • Gross revenue: ₹7,500 – ₹8,000 crore (up from the previous guidance of ₹5,000 – ₹5,500 crore)

  • Net profit (PAT): ₹250 – ₹275 crore (up from ₹210 – ₹220 crore)

Expansion and rebranding

The board formally ratified the name change from Infibeam Avenues to AvenuesAI Limited effective today, aligning the corporate identity with its AI-first strategy. The company is also making strides in global markets, with its Saudi Arabian operations expected to be fully operational within FY26, followed by Australia and the USA by FY27.

Furthermore, the integration of Rediff.com is yielding results, with RediffPay securing its TPAP license from NPCI and currently testing its UPI launch. The company also said that it has effectively utilised the ₹700 crore raised via its recent rights issue for strategic investments in Nueromind Technologies and Rediff.

Shares of AvenuesAI (CCAVENUE) ended 1.13% higher at ₹18.80 apiece on the national stock exchange on Friday.

Explore the world of business like never before with the Fortune India app. From breaking news to in-depth features, experience it all in one place. Download Now