Infibeam Avenues Limited has reported robust financial results for the quarter ending December 31, 2024, with significant growth across key metrics, reflecting the company’s strong operational performance and expanding digital services.
Key Financial Highlights:
- Revenue from operations: ₹1,070.35 crore, registering an 18% YoY increase from ₹907.1 crore in the same period last year, driven by sustained demand across digital platforms and payment services.
- Total income: ₹1,093.55 crore, up 19.6% YoY from ₹913.23 crore in Q3 FY24.
- Net profit: ₹64.4 crore, a 49% YoY surge compared to ₹43.1 crore in Q3 FY24, supported by higher revenue and cost management initiatives.
- Operating expenses: ₹930.41 crore, reflecting an increase aligned with revenue growth.
- EBITDA: Not directly specified, but operating profits showed an upward trend reflecting efficient operations.
Key Drivers of Growth:
Infibeam attributes its performance to strong traction in its digital payment services and expanding merchant base. The company continues to benefit from its diversified service offerings and strategic collaborations.
Outlook:
With ongoing digital transformation and strong industry tailwinds, Infibeam expects sustained growth in the upcoming quarters through product innovation and international expansion.
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