AvenuesAI Reports 6% Rise in Q2 Net Profit to ₹72 Crore

GIFT CITY: Multinational financial technology and AI infrastructure company AvenuesAI Ltd, formerly known as Infibeam Avenues, has announced its financial results for the second quarter of FY27, reporting a six per cent rise in net profit to ₹72 crore.

During the September quarter, the company's revenue increased by 47 per cent year-on-year to ₹2,879 crore. The operating performance was supported by growth in the payments business and expansion across digital financial services, despite competitive pressures in the payments market affecting transaction margins.

For the first half of FY27, AvenuesAI reported a 71 per cent increase in revenue from operations, reaching ₹5,560 crore. Profit after tax for the same six-month period grew 24 per cent to ₹156 crore. Operating EBITDA, excluding other income, stood at ₹199 crore, marking a 19 per cent year-on-year growth.

The company’s flagship payment gateway business, CCAvenue, continued to drive transaction volumes. Payment processing value increased by 19 per cent sequentially to approximately ₹1.77 lakh crore during the September quarter. However, the net take rate moderated to 5.06 basis points due to pricing pressure and heightened competition within the payments industry.

Vishwas Patel, Managing Director and CEO of AvenuesAI, stated that the company is focusing on expanding its offerings beyond payment processing to deepen relationships with merchants and enterprises. As part of its broader strategy, the company is integrating Rediff.com into its digital ecosystem, with RediffOne targeting enterprise communication and digital services and RediffPay focusing on consumer payments.

International expansion of CCAvenue remains a growth priority, with operations extending to the US, UAE, Saudi Arabia, and Australia. Additionally, AvenuesAI is developing TISco, its AI-led transaction intelligence platform, designed to offer solutions in fraud detection, risk assessment, and merchant intelligence.

The company is seeking to transition from a payments-led business into a broader AI-first fintech platform. Technology-led services are expected to support revenue diversification and improve margins over the longer term.

"AvenuesAI's steady growth in revenue and profit during a competitive period highlights the resilience of the fintech sector. Expanding beyond payment gateways into AI-driven platforms like TISco and integrating legacy digital ecosystems such as Rediff.com demonstrates a clear strategic intent toward diversification and margin improvement. For growing businesses, balancing volume growth with pricing pressures remains a key operational challenge." — Dr. Shishir Gupta, Founder & CEO, StartupLanes