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

AvenuesAI Q1 profit rose 45% year-on-year to Rs 84.8 crore in the June quarter of FY27. The fintech company also reported a sharp rise in operating revenue, which more than doubled during the period.

AvenuesAI, formerly known as Infibeam Avenues, posted a consolidated net profit of Rs 84.8 crore in Q1 FY27, compared with Rs 58.4 crore in the same quarter a year ago. However, profit declined about 5% sequentially from Rs 89 crore in the previous quarter.

AvenuesAI Revenue Rises 109% Year-On-Year

The company’s operating revenue jumped 109% year-on-year to Rs 2,680.4 crore. On a quarter-on-quarter basis, revenue increased 8%. The growth reflects continued expansion in AvenuesAI’s digital payments business.

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Including other income of Rs 28.4 crore, the company’s total income stood at Rs 2,708.8 crore in Q1 FY27. The strong revenue performance helped AvenuesAI deliver higher profit despite a steep increase in expenses.

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AvenuesAI is a Gandhinagar-based fintech company founded in 2007. Vishal Mehta and others founded the business, which later became a publicly listed company after its initial public offering. The company has raised total funding of more than $99.35 million, according to available company information.

Expenses More Than Double

Total expenses rose 113% year-on-year to Rs 2,624 crore in the June quarter. In the previous quarter, the company had reported total expenses of Rs 2,428.8 crore. This means expenses increased 8% sequentially.

The numbers show that AvenuesAI is growing at a fast pace, but its cost base is also expanding rapidly. The rise in expenses came as the company continued to scale its digital payments operations. Despite the higher spending, the company maintained strong profit growth during the quarter.

The gap between revenue growth and profit growth remains an important aspect of the results. Operating revenue increased 109% year-on-year, while net profit grew 45%. This suggests that investors and market watchers will closely track how the company manages costs as its business expands.

Digital Payments Business Remains Key Growth Driver

AvenuesAI’s latest quarterly performance highlights the growing contribution of its digital payments business. The company’s higher operating revenue points to stronger transaction activity and wider business operations during the quarter.

At the same time, the sequential fall in net profit shows that quarterly performance can vary even when revenue continues to rise. The company will need to balance expansion with operational efficiency in the coming quarters.

What lies ahead

For AvenuesAI, the next phase will centre on sustaining revenue growth, controlling expenses and converting its expanding payments business into stronger margins. The Q1 FY27 numbers provide a strong revenue base, but the pace of cost growth will remain a key factor in the company’s future financial performance.