AvenuesAI Q2 FY27 results: profit up 6% to ₹72 crore

AvenuesAI Ltd (formerly Infibeam Avenues) reported a six per cent rise in net profit to ₹72 crore for the September quarter. Revenue increased 47 per cent year on year to ₹2,879 crore.

For the first half of FY27, revenue from operations rose 71 per cent to ₹5,560 crore, and profit after tax grew 24 per cent to ₹156 crore. Operating EBITDA, excluding other income, was ₹199 crore, up 19 per cent year on year.

At CCAvenue, the flagship payment gateway, payment processing value rose 19 per cent sequentially to around ₹1.77 lakh crore. The net take rate moderated to 5.06 basis points, reflecting pricing pressure and heightened competition in the payments industry.

Growth in the payments business and expansion across digital financial services supported operating performance, even as competition put pressure on transaction margins.

AvenuesAI is a multinational financial technology and AI infrastructure company headquartered in GIFT City.

The company is also integrating Rediff.com into its digital ecosystem. RediffOne targets enterprise communication and digital services, while RediffPay focuses on consumer payments.

It is developing TISco, an AI-led transaction intelligence platform to offer solutions in fraud detection, risk assessment and merchant intelligence.

Vishwas Patel, Managing Director and CEO of AvenuesAI, said the company was focusing on expanding its offerings beyond payment processing to deepen relationships with merchants and enterprises. International expansion of CCAvenue, particularly in the US, UAE, Saudi Arabia and Australia, is another growth priority.

AvenuesAI is seeking to evolve 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.