AvenuesAI Limited has informed the Exchange regarding Outcome of Board Meeting held on May 29, 2026.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
AvenuesAI Limited (formerly Infibeam Avenues Limited) reported audited standalone FY2026 results with revenue from operations of Rs. 75,846.8 million, more than doubling from Rs. 35,463.5 million in FY2025. Profit from continuing operations after tax stood at Rs. 935.5 million vs Rs. 821.0 million in the prior year. Consolidated revenue grew to Rs. 81,158.5 million from Rs. 39,925.8 million (103% growth), with profit after tax at Rs. 2,948.9 million vs Rs. 2,360.3 million. The Board approved three acquisitions: 7% stake in Online PSB Loans Limited, up to 2.50% stake in Ratnaafin Capital Private Limited, and balance 9.90% stake in Nueromind Technologies (making it wholly-owned). The company transferred its Platform Business to subsidiary Rediff.com India Limited via slump sale, now operating only in Payment Business. Auditors issued unmodified (clean) opinion. Rediff.com India Limited filed DRHP for its IPO.
Revenue growth exceeding 100% YoY reflects strong operational performance. The PAT growth of ~25% on consolidated basis and multiple strategic acquisitions signal positive momentum. The clean audit opinion and IPO filing by subsidiary Rediff.com are constructive for investor confidence.