Infibeam Avenues Q2 results: Net profit increases 5% at Rs 44 crore

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Infibeam Avenues Q2 results: Net profit increases 5% at Rs 44 crore - Business Standard

Quick Summary:

The company has guided for a 23-32 per cent growth in the gross revenue at Rs 3,900-Rs 4,200 crore in FY25 and the operating profit to rise 9-19 per cent to Rs 275-300 crore.

Payments-focused fintech Infibeam Avenues on Tuesday reported a 5 per cent increase in its consolidated net profit to Rs 44 crore for the September quarter.

The Gandhinagar-headquartered entity had reported a net profit of Rs 41.89 crore in the year-ago period.