Infibeam Avenues Ltd - 539807 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release titled "Infibeam Avenues Ltd.''s Flagship Payment Brand, CCAvenue, Strengthens Payment Portfolio to Offer EMI Solutions to IDFC First Bank".
Infibeam Avenues Q3 Results Review - To Benefit From Improved NTRs In India Payments Business: KRChoksey
Consolidated revenue growth driven by strong growth in TPVs while decline in NTRs led to slower growth in Net Profits on a consolidated basis.
Infibeam Avenues Q3 FY24 Results Live: Profit Rises by 15.72% YoY
Infibeam Avenues Q3 FY24 Results Live: Revenue increased by 119.91% YoY & profit increased by 15.72% YoY Infibeam Avenues Ltd - 539807 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Transcript of Earnings Conference Call for the quarter and nine months ended on December 31, 2023. Infibeam Avenues Ltd - 539807 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Audio Recording of the Investor/ Analyst Conference Call pertaining to the Financial Results for the quarter and nine months ended on December 31, 2023. Q3FY24 Quarterly Result Announced for Infibeam Avenues Ltd.
Internet software & services firm Infibeam Avenues announced Q3FY24 results: Transaction Processing Volume (TPV): Q3 FY24 TPV reached Rs 1,810.2 billion, a 75% increase from Q3 FY23. Gross Revenue: Recorded the highest-ever quarterly gross revenue of Rs 9,120 million, up by 120% compared to Rs 4,147 million in Q3 FY23. Net Revenue: Net Revenue for Q3 FY24 stood at Rs 1,128 million, a 33% rise from Rs 846 million in Q3 FY23. EBITDA: EBITDA for the period was Rs 690 million, marking a 45% year-over-year increase from Rs 475 million. Profit After Tax (PAT): Q3 FY24 PAT was the highest ever at Rs 421 million, a significant 64% increase from Rs 257 million in Q3 FY23. PAT Margin: The PAT margin improved to 37.3% for Q3 FY24, compared to 30.4% for Q3 FY23. Equity Acquisition: Infibeam Avenues Ltd approved the acquisition of a further 49.50% stake in So Hum Bharat, which will make So Hum a wholly owned subsidiary. Financial Guidance Maintained for FY24: The company expects to achieve Rs 30,000-33,000 million in Gross Revenue, Rs 4,100 - 4,150 million in Net Revenue, Rs 2,300-2,350 million in EBITDA, and Rs 1,300-1,500 million in PAT. Growth Contributors: Areas such as hospitality, travel, retail, grocery, education, utilities, and notably 'revenge tourism' have substantially contributed to the TPV increase. The success of the CCAvenue TapPay technology is particularly noted for the growth seen in merchant adoption. Board Resolutions and Future Plans: An emphasis on Artificial Intelligence (AI) as a horizontal business vertical is expected to drive future growth. The company aims to reach approximately Rs 83 billion in revenue by March 2026. Chairman & Managing Director, Mr Vishal Mehta: highlighted the company's continual rise, fueled by investment in new technologies and innovation. He expressed optimism about AI driving the company to new heights. Joint Managing Director, Mr Vishwas Patel: underscored the Q3 growth and the role of CCAvenue TapPay as a transformative digitally-driven payment solution. He conveyed confidence in the solution's potential to significantly contribute to business expansion in the future. Result PDF Infibeam Avenues Ltd - 539807 - Announcement under Regulation 30 (LODR)-Investor Presentation
Intimation - Investor Presentation on Unaudited Financial Results. Infibeam Avenues Ltd - 539807 - Intimation - Utilization Of Funds
Intimation - Utilization of funds. Infibeam Avenues Ltd - 539807 - Announcement under Regulation 30 (LODR)-Acquisition
Intimation - Acquisition of So Hum Bharat Digital Payments Private Limited. Infibeam Avenues Ltd - 539807 - Unaudited (Standalone And Consolidated) Financial Results For The Quarter And Nine Months Ended On December 31, 2023
Unaudited Financial Results for the quarter and nine months ended on December 31, 2023.