Infibeam Avenues Limited has reported its consolidated financial results for Q2 FY25, showcasing significant revenue growth but a decline in profit compared to the same quarter last year. Key highlights are as follows:
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- Revenue: The company’s revenue from operations increased by 29.2% year-on-year (YoY) to ₹1,016.65 crore in Q2 FY25, up from ₹786.97 crore in Q2 FY24. Sequentially, revenue rose by 36.4% from ₹745.06 crore in Q1 FY25.
- Profit After Tax (PAT): Profit for the quarter stood at ₹47.47 crore, marking a 31.6% decrease YoY from ₹69.46 crore in Q2 FY24. On a quarter-on-quarter (QoQ) basis, profit decreased by 31.7% from ₹69.46 crore in the previous quarter.
For the six months ended September 30, 2024, Infibeam Avenues reported revenue of ₹1,761.70 crore, up from ₹1,526.96 crore in the same period last year. The half-year profit was ₹116.92 crore, down from ₹166.59 crore in the previous year, reflecting challenges despite revenue growth
