Latest news with #InfibeamAvenues
Fashion Network
02-06-2025
- Business
- Fashion Network
Infibeam Avenues Q4 net profit rises 20 percent to Rs 55 crore
B2B payments firm Infibeam Avenues posted a 20 percent increase in consolidated net profit to Rs 55 crore for the March quarter, as against Rs 47 crore in the year-ago period. The company's revenue for the quarter grew 62 percent year-on-year to Rs 1,160 crore. For the full financial year, consolidated net profit rose 51 percent to Rs 236 crore while consolidated revenue grew to Rs 3,992 crore from Rs 3,150 crore in the previous year. The payments segment, which includes the CCAvenue payment gateway and other related services, remained the primary revenue driver, contributing over Rs 3,786 crore to the full-year top line. The e-commerce platform business added another Rs 20 crore to revenue. Commenting on the results, Vishal Mehta, chairman managing director of Infibeam in a statement said, 'Our continued expansion in the Middle East and our foray into the AI space with new, transformative offerings are setting the stage for the next phase of growth. As part of this vision, we plan to invest up to USD 100 million over the next three years in advancing our AI capabilities—from intelligent payment solutions to next-generation infrastructure.'
Business Standard
29-05-2025
- Business
- Business Standard
Infibeam Avenues consolidated net profit rises 5.27% in the March 2025 quarter
Sales rise 62.03% to Rs 1160.52 crore Net profit of Infibeam Avenues rose 5.27% to Rs 49.10 crore in the quarter ended March 2025 as against Rs 46.64 crore during the previous quarter ended March 2024. Sales rose 62.03% to Rs 1160.52 crore in the quarter ended March 2025 as against Rs 716.22 crore during the previous quarter ended March 2024. For the full year,net profit rose 42.61% to Rs 225.44 crore in the year ended March 2025 as against Rs 158.08 crore during the previous year ended March 2024. Sales rose 26.74% to Rs 3992.58 crore in the year ended March 2025 as against Rs 3150.28 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 1160.52716.22 62 3992.583150.28 27 OPM % 6.489.30 - 7.607.99 - PBDT 91.8679.67 15 374.37274.10 37 PBT 74.0162.36 19 304.01207.49 47 NP 49.1046.64 5 225.44158.08 43
Business Standard
27-05-2025
- Business
- Business Standard
Infibeam Avenues standalone net profit rises 6.36% in the March 2025 quarter
Sales rise 65.09% to Rs 1098.43 crore Net profit of Infibeam Avenues rose 6.36% to Rs 42.30 crore in the quarter ended March 2025 as against Rs 39.77 crore during the previous quarter ended March 2024. Sales rose 65.09% to Rs 1098.43 crore in the quarter ended March 2025 as against Rs 665.34 crore during the previous quarter ended March 2024. For the full year,net profit rose 5.23% to Rs 160.00 crore in the year ended March 2025 as against Rs 152.05 crore during the previous year ended March 2024. Sales rose 25.84% to Rs 3726.51 crore in the year ended March 2025 as against Rs 2961.22 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 1098.43665.34 65 3726.512961.22 26 OPM % 6.099.20 - 6.308.15 - PBDT 76.1169.45 10 276.53257.96 7 PBT 62.6255.98 12 223.03205.01 9 NP 42.3039.77 6 160.00152.05 5
Time of India
26-05-2025
- Business
- Time of India
Infibeam Avenues FY25 net profit up 5% at Rs 160 crore; revenue jumps 27%
Gandhinagar-based Infibeam Avenues , which runs the CCAvenue payment gateway , has reported a consolidated operational revenue of Rs 3,774 crore in fiscal 2025, up 27% from Rs 2,961 crore a year ago. In terms of profit after tax (PAT), the company saw a 5% increase to Rs 160 crore from around Rs 152 crore last year. In the March quarter, Infibeam Avenues reported operating revenue of Rs 1,098 crore, up 65% from Rs 665 crore a year back. Closing FY2025, the RBI-licensed payment aggregator said that it wants to get into consumer payments through Unified Payments Interface (UPI). The company is building a UPI third-party payment app Rediff Pay . Infibeam Avenues acquired a 54% stake in Rediff in August 2024. For the entire business, which includes the domestic payment business, international payments, and businesses from its subsidiary entities, the overall payment value settled by the platform stood at Rs 8.67 lakh crore, up 24% from Rs 7 lakh crore last year. The company said that its net take rate (revenue per transaction) improved to 11.7 basis points (bps) in FY25 from 8.8 bps in FY24. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories As a payment gateway, the company has to share its revenue with banks and other financial institutions. The net revenue that was reported by CCAvenue stood at Rs 525 crore in FY24 compared to Rs 419 crore a year back. Infibeam Avenues has also taken board approval to raise up to Rs 700 crore through a rights issue. The funding will be aimed at developing new business areas like consumer payments, international expansion, and investments in its artificial intelligence (AI) initiatives.
Hans India
26-05-2025
- Business
- Hans India
Infibeam Avenues' profit falls 15 pc sequentially to Rs 54 crore in Q4, revenue up
Fintech company Infibeam Avenues on Monday reported 15 per cent sequential decline in profit from operations in the January-March period (Q4) to Rs 54 crore, from Rs 64 crore in the December quarter (Q3). The company said in a stock exchange filing that its income from operations stood at Rs 1,160 crore in the March quarter of FY25, which is 8.4 per cent higher than the December quarter's income from operations of Rs 1,070 crore. The company's profit from operations grew 17 per cent (year-on-year) in the March quarter. The company had a profit of Rs 46 crore in the March quarter of FY24. The company's expenses increased by 8.88 per cent on a quarterly basis to Rs 1,103 crore in the January-March period, from Rs 1,013 crore in the October-December period. On an annual basis, the company's expenses increased by 65 per cent, which was Rs 666 crore in the same period of FY24. Infibeam Avenues' profit from operations for the entire FY25 stood at Rs 236 crore, which is 51 per cent higher than the profit of Rs 156 crore for the entire FY24. During this period, the company's income from operations has increased from Rs 3,150 crore to Rs 3,992 crore, showing a growth of 26.73 per cent on an annual basis. The company's total income for the entire FY25 has increased to Rs 4,065 crore, which is 28.03 percent higher than the total income of Rs 3,175 crore in FY25. According to the company's March shareholding pattern given on the screener, the promoter's stake in Infibeam Avenues is 27.36 per cent. At the same time, foreign institutional investors (FIIs) hold 7.72 percent and the public holds 64.29 per cent. To support company's growth objectives, the Board of Directors recently approved a rights issue of up to Rs 700 crore. This capital infusion will drive the acceleration of key strategic initiatives, said the company.
