AvenuesAI Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
AvenuesAI reported Q1 FY27 consolidated gross revenue of Rs 2,680 crore, up 109% year-on-year, while net revenue was Rs 147 crore, down 3%. EBITDA excluding other income rose 41% to Rs 100 crore and profit after tax grew 45% to Rs 85 crore. Management outlined progress across payments, consumer platforms under Rediff, AI initiatives under Phronetic AI, and credit distribution through minority investments in RatnaFin Capital and Online PSB Loans, alongside regulatory approvals in the UAE and India and a proposed merger of Neuromind and a face value consolidation from Re 1 to Rs 10 per share.
AvenuesAI reported consolidated revenue from operations of INR8,116 crores for FY26, up 103% year-on-year, with net revenue rising 15% to INR603 crores and profit after tax growing 58% to INR332 crores. Management described a strategic shift from a payments company into what it called an AI-first financial infrastructure and transaction intelligence platform, citing embedded finance, lending partnerships with Online PSB Loans and Ratnaafin, and international expansion into the United States as FY27 priorities. Management also discussed the Rediff confidential DRHP filing, the XDuce investment in the US, and answered questions on AI adoption, transaction routing, and merchant growth.