Gandhinagar, February 4, 2025 – Infibeam Avenues Limited (BSE: 539807, NSE: INFIBEAM), India's AI-powered fintech company, announced robust financial results for the third quarter (Q3) of fiscal year 2025, reporting a 40% year-over-year (YoY) growth in EBITDA and a 49% YoY increase in Profit After Tax (PAT).
Key Financial Highlights (Q3 FY25)
(INR million, except percentages)| Particulars | Q3 FY25 | Q3 FY24 (Restated) | Q2 FY25 | YoY Growth |
|---|---|---|---|---|
| Gross Revenue | 10,704 | 9,071 | 10,166 | +18% |
| Net Revenue | 1,399 | 1,090 | 1,343 | +28% |
| EBITDA | 1,014 | 725 | 819 | +40% |
| PAT | 644 | 431 | 475 | +49% |
| TPV (INR Billion) | 2,240 | 1,810 | 2,038 | +24% |
Segment-Wise Performance
Payment Business:- Revenue surged 18% YoY to INR 10,102 million.
- Profit before tax and interest from the segment stood at INR 353.8 million.
- Revenue reported at INR 601.3 million.
- Segment profit before tax and interest reached INR 293.7 millionIALOutcomeBM04022025_04….
Strategic Business Developments
- Merchant Base Growth: Infibeam onboarded 1,80,978 new merchants in Q3 FY25, averaging 2,000+ new merchants per day.
- AI-Driven Expansion: The company deployed AI-powered solutions for domestic and international clients, improving efficiency.
- Rediff.com Integration: Infibeam strengthened its digital offerings with RediffPay and RediffOne, expanding its B2B cloud-based enterprise platform.
- TSP Certification by NPCI Bharat BillPay Ltd.: This has streamlined integration with banks, Small Finance Banks (SFBs), and fintechs under Bharat Connect, enhancing digital transaction capabilities.
- Launch of CCAvenue SoundBox: A tap-to-pay POS device to enhance offline payments, integrating dynamic QR codes and voice alertsIALOutcomeBM04022025_04….
Management Commentary
Vishal Mehta, Chairman & Managing Director, Infibeam Avenues Ltd., stated:"We are pleased to report a strong Q3 performance, reflecting our ability to capitalize on evolving industry trends and digital payment adoption. Our AI-driven innovations, coupled with strategic partnerships and market expansion, have positioned us for sustainable growth. With Rediff.com now part of our ecosystem, we anticipate further enhancement in our digital offerings and financial performance."
Vishwas Patel, Joint Managing Director, Infibeam Avenues Ltd., added:
"Our focus on digital payment growth, especially in merchant acquisition and strategic collaborations, has significantly boosted transaction volumes. The introduction of CCAvenue SoundBox further strengthens our offline payment solutions, expanding our footprint across digital and retail payment ecosystems."IALOutcomeBM04022025_04….
Outlook & Market Positioning
- Digital Payments Market Growth: The Indian digital payment market is projected to reach US$1.89 trillion by 2025, with a 16% CAGR through 2029.
- Infibeam’s Growth Focus Areas:
- Increased TPV: 24% YoY rise to INR 2,240 billion in Q3 FY25.
- Enhanced Take Rate: Improved by 32% YoY, from 8.4 bps to 11.1 bps.
- Geographical Expansion: Strengthened presence in UAE, Saudi Arabia, Oman, Australia, and the USAIALOutcomeBM04022025_04….
