AvenuesAI Q1 PAT rises 45 percent; Company positions Rediff, US Payments and AI as next growth engines
New Delhi, Aug. 11 -- GIFT City-based fintech company, AvenuesAI Limited, reported a strong start to FY27, with consolidated revenue from operations rising 109% year-on-year to Rs 2,680.4 crore in the first quarter ended June 30, 2026. Consolidated profit after tax (PAT) increased 45% to Rs 84.76 crore, even as the company continued to invest in new growth businesses and technology.
EBITDA excluding other income grew 41% year-on-year to Rs 100 crore. Profit before tax rose 10% to Rs 86.65 crore during the quarter.
On Tuesday, the board has also approved, subject to the requisite approvals, a proposal to increase the face value of the company's equity shares from Rs 1 to Rs 10. The company said the move is intended to rationalise and sim...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.