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AvenuesAI (formerly Infibeam Avenues) reported a consolidated net profit of ₹79.8 Cr in the third quarter of FY26, a jump of 24% from ₹64.4 Cr in the year-ago period. On a sequential basis, profit zoomed 18% from ₹67.7 Cr.
Operating revenue grew 122% YoY and 21% QoQ to ₹2,381.1 Cr. Including other income of ₹16.2 Cr, total income for the quarter under review stood at ₹2,397.4 Cr.
Meanwhile, total expenses increased 126% YoY to ₹2,307.3 Cr. The company incurred an exceptional expense of ₹3.2 Cr during the quarter due to the recent changes in the labour codes.
(The story will be updated soon)
The post AvenuesAI Q3: Profit Jumps 24% YoY To ₹80 Cr appeared first on Inc42 Media.
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