Audited (Standalone and Consolidated) Financial Results for the quarter and year ended on March 31, 2026.
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AvenuesAI Limited (formerly Infibeam Avenues Limited) reported strong financial results for FY26. Standalone revenue more than doubled to Rs 75,847 million from Rs 35,464 million in FY25, while consolidated revenue grew 103% to Rs 81,159 million. Standalone profit after tax from continuing operations rose 14% to Rs 936 million, and consolidated PAT attributable to owners grew 24% to Rs 2,790 million. The company completed a Rs 6,960 million rights issue and transferred its Platform Business to Rediff.com India Limited via slump sale, making Rediff a potential IPO candidate. The company also announced strategic acquisitions including a 7% stake in Online PSB Loans Limited and remaining 9.9% stake in Nueromind Technologies. Statutory auditors issued clean/unmodified opinions on both standalone and consolidated results.
The company delivered exceptional revenue growth exceeding 100% on the back of its focused Payment Business segment. Clean audit opinions and strong operating cash flows of Rs 5.8 billion are positive signals for shareholders. The upcoming IPO of subsidiary Rediff.com and new acquisitions may create additional value.