AvenuesAI Limited announced its consolidated financial results for the second quarter and six months ended September 30, 2026. For Q2 FY27, revenue from operations grew 47% year-on-year to INR 28,792.4 million, while operating EBITDA excluding other income rose 3% to INR 988.8 million. The company also noted a change in its associate status due to dilution in its stake in XDuce Corporation.
AvenuesAI Announces Q2 and H1 FY27 Financial Results
AvenuesAI Limited, formerly known as Infibeam Avenues Limited, has released its consolidated financial results for the second quarter (Q2) and the first half (H1) of the financial year 2027, ending September 30, 2026. The company reported significant year-on-year growth in revenue and a notable increase in operating EBITDA and net profit.
Q2 FY27 Performance Highlights
In the second quarter of FY27, AvenuesAI’s revenue from operations surged by 47% year-on-year, reaching INR 28,792.4 million. Operating EBITDA, excluding other income, saw a 3% increase to INR 988.8 million. Profit after tax for the quarter also grew by 6% to INR 717.0 million.
H1 FY27 Performance Highlights
For the first half of FY27, consolidated revenue from operations increased by 71% year-on-year to INR 55,596.4 million. Operating EBITDA excluding other income saw a substantial rise of 19% to INR 1,989.0 million. Profit after tax for the six-month period rose by 24% to INR 1,564.7 million.
Strategic Priorities and Business Updates
The company highlighted three strategic priorities for FY27: unlocking the value of Rediff, expanding CCAvenue payments internationally, and developing AI-led transaction intelligence (TISco). A key business update also indicated that AvenuesAI’s stake in XDuce Corporation has been diluted from 20.00% to 19.75% due to a fresh share issuance, leading XDuce to cease being an associate.
Standalone Financials
The standalone financial results also showed positive trends, with revenue from operations for Q2 FY27 at INR 27,304.5 million and for H1 FY27 at INR 52,638.3 million. The standalone profit from continuing operations after tax for Q2 FY27 was INR 247.4 million, and for H1 FY27 was INR 501.8 million.
Auditor’s Review Report
The accompanying financial results, both standalone and consolidated, have been reviewed by Shah & Taparia, Chartered Accountants. Their report states that based on their review, nothing has come to their attention that causes them to believe that the accompanying statements contain any material misstatement.
Source: BSE
