AvenuesAI looks beyond payments: CEO Vishwas Patel says US expansion, Rediff and AI to drive growth
New Delhi, Aug. 27 -- AvenuesAI is rolling into FY27 with a promising beginning, with a view to diversify its payments business. The company's operating revenue in the first quarter stood at Rs.2,680.4 crore, which was 109% higher than the corresponding quarter of the previous year, whereas the PAT was higher by 45% to Rs.84.8 crore.
The company is reportedly looking to achieve consolidated revenue of Rs.11,000-13,000 crore for FY27. It has been expecting earnings per share (EPS) between Rs.8.75 and Rs.9.50 at the post-corporate-action face value of Rs.10 per share. Future growth will be driven by international payments, Rediff's digital businesses, and AI-powered transaction intelligence, says CEO and Managing Director Vishwas Patel, ac...
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