AvenuesAI lifts September-quarter profit 6% to ₹72 crore on demand

what happened

According to Moody's, the net profit of AvenuesAI Ltd, formerly Infibeam Avenues, rose 6% in the September quarter to ₹72 crore. Revenue climbed 47% year on year to ₹2,879 crore, which the company attributes to stronger demand.

For the first half of FY27, revenue jumped 71% to ₹5,560 crore and profit after tax rose 24% to ₹156 crore. Operating EBITDA, excluding other income, reached ₹199 crore, up 19%. The CCAvenue payment gateway lifted processed payment value 19% sequentially to about ₹1.77 lakh crore, but its net take rate slipped to 5.06 basis points amid pricing pressure and rising competition.

Management is pushing beyond payments, integrating Rediff.com, launching RediffOne and RediffPay, expanding CCAvenue into the US, UAE, Saudi Arabia and Australia, and developing TISco, an AI platform for fraud detection and risk assessment.

why it matters

For investors, the key question is whether the company can keep growing revenue while payment fees come under pressure. Faster growth in revenue and profit looks encouraging, but the lower take rate shows the cost of chasing volume. Moving toward AI-led services could improve margins over the longer term, though for now it is a strategy rather than a proven result.

market impact

AvenuesAI shares: revenue and profit growth set against thinner payment fees gives a mixed signal

• ↔AvenuesAI shares mixed — revenue and profit growth is offset by a lower net take rate in payments

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