India, Nov. 6 -- AvenuesAI (formerly Infibeam Avenues) reported a 6% growth in its net profit to Rs.71.7 Cr in the quarter ended September (Q2 FY27) from Rs.67.7 Cr a year earlier. On a sequential basis, net profit declined 15.4% from Rs.84.8 Cr.

Meanwhile, its operating revenue grew 46.5% YoY and 7.4% QoQ to Rs.287.9 Cr during the quarter under review. Including other income of Rs.2.8 Cr, total income during the quarter stood at Rs.290.7 Cr.

The fintech company's operating EBITDA, excluding other income, grew just 3% YoY to Rs.9.9 Cr. This came as its total expenses rose 49.4% YoY and 7.7% QoQ to Rs.282.5 Cr in Q2 FY27, outpacing the growth in operating revenue.

At the same time, its consolidated net revenue, after accounting for paym...