Ahmedabad-based digital payments and fintech firm AvenuesAI Limited has delivered a strong financial performance for the third quarter of the fiscal year 2025-26, posting a sharp surge in revenue along with steady profit growth. The latest quarterly numbers highlight the company’s growing strength in the digital payments ecosystem and its strategic pivot toward AI-driven financial technology solutions.
For the quarter ended December 31, 2025, AvenuesAI reported a remarkable 122% year-on-year (YoY) jump in gross revenue, reaching ₹2,381 crore compared to ₹1,070 crore in the same quarter last year. The more than 2.2X rise in topline underscores the rapid expansion of its core payments operations and increasing transaction volumes across its merchant network.
Payments Segment Fuels Business Expansion
The payments business continues to remain the primary growth engine for the company. During Q3 FY26, the segment contributed nearly 97.5% of the company’s total collections. Revenue from payments rose 130% YoY to ₹2,323 crore, reflecting increased adoption of digital payment services among businesses and consumers.
AvenuesAI offers a wide range of payment solutions, including payment gateway services, merchant acquiring, transaction processing, and lending enablement. The surge in the payments segment indicates strong demand for seamless and secure digital transactions as India’s digital economy continues to scale rapidly.
On the other hand, the company’s enterprise e-commerce platform segment, which provides software, infrastructure, and related services, recorded a marginal 3.3% decline in revenue, generating ₹58 crore during the quarter. This slight dip suggests that the company’s strategic emphasis remains largely on the high-growth payments vertical.
In addition to operational revenue, AvenuesAI reported ₹16 crore as other income, taking its total reported revenue for Q3 FY26 to ₹2,397 crore.
Profitability Improves Despite Higher Expenses
Alongside strong revenue growth, AvenuesAI also witnessed improvement in profitability. Net profit for the quarter increased 25% YoY to ₹80 crore, compared to ₹64 crore in the same period last year. For the nine-month period of FY26, cumulative profit rose to ₹206 crore, reflecting a 14% increase over the previous fiscal’s corresponding period.
However, expenses rose significantly as the company scaled operations. Total expenditure during the quarter grew 128% YoY to ₹2,307 crore. The sharp increase in spending can be attributed to higher operational costs linked to expansion and increasing transaction volumes.
Interestingly, certain cost components showed moderation. Employee benefit expenses declined by 32%, while depreciation costs were down by 3%, indicating better cost management and operational efficiencies in select areas.
Rebranding Signals Strategic Shift
During the quarter, the company also approved a corporate name change to AvenuesAI Limited. The rebranding exercise reflects its evolving focus toward artificial intelligence integration within its payment and fintech offerings. By embedding AI capabilities into transaction analytics, fraud detection, compliance monitoring, and merchant solutions, the company aims to strengthen its value proposition in an increasingly competitive market.
The stock market responded positively to the quarterly results. The company’s shares closed at ₹18.80 following the announcement, with its market capitalisation standing at approximately ₹6,537 crore.
Outlook for the Coming Quarters
AvenuesAI’s Q3 FY26 performance signals strong momentum in India’s fast-growing digital payments sector. With rising digital adoption, increasing merchant participation, and deeper penetration of fintech infrastructure, the company appears well-positioned to sustain its growth trajectory.
As digital transactions continue to expand across urban and rural India, AI-powered financial platforms like AvenuesAI could play a crucial role in shaping the next phase of fintech innovation in the country.