Home/Startups/AvenuesAI Q1 Profit Jumps 45% YoY To ₹85 Cr, Revenue More Than Doubles

AvenuesAI Q1 Profit Jumps 45% YoY To ₹85 Cr, Revenue More Than Doubles

StartupsAugust 11, 20261 min readAttributed summary
AvenuesAI Q1 Profit Jumps 45% YoY To ₹85 Cr, Revenue More Than Doubles
AvenuesAI’s Q1 FY27 net profit rose 45% YoY to ₹84.8 Cr, while operating revenue more than doubled to ₹2,680.4 Cr. The strong revenue growth comes despite a sharp rise in expenses,
Reading Settings

AvenuesAI’s Q1 FY27 net profit rose 45% YoY to ₹84.8 Cr, while operating revenue more than doubled to ₹2,680.4 Cr.

The strong revenue growth comes despite a sharp rise in expenses, signalling continued expansion in AvenuesAI’s digital payments business.

Total income stood at ₹2,708.8 Cr, while expenses surged 113% YoY to ₹2,624 Cr.

Fintech company AvenuesAI’s (formerly InfibeamInfibeam Datalabs_in-article-icon Avenues) consolidated net profit for the June quarter of the ongoing fiscal year (Q1 FY27) surged 45% to ₹84.8 Cr from ₹58.4 Cr in the year-ago period. 

On a sequential basis, net profit decreased by about 5% from ₹89 Cr. 

Operating revenue zoomed by 109% YoY and 8% QoQ to ₹2,680.4 Cr. Including other income of ₹28.4 Cr, total income for the quarter under review stood at ₹2,708.8 Cr.

Meanwhile, total expenses during the quarter also more than doubled YoY to ₹2,624 Cr. On a sequential basis, the company’s expenses grew by 8% from ₹2,428.8 Cr. 

(The story will be updated soon) 

Source: Inc42 - Startups

Related technology stories

MDR On UPI Is Here, But Who Foots The Bill?
Sourced report
inc42.com7 hours ago

MDR On UPI Is Here, But Who Foots The Bill?

UPI will introduce a 0.4% MDR on eligible P2M transactions above ₹2,000 from October 15, 2026, ending its six-year zero-MDR regime. The bigger shift is the ₹1 Lakh/month UPI receip

9 min briefingRead signal →