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Infibeam Avenues reports a 29.2% rise in Q2 revenue to Rs 1,016.65 crore, despite higher expenses.
Infibeam Avenues, which operates the payment gateway CCAvenue, reported a significant increase in Q2 revenue for FY25, reaching Rs 1,016.65 crore, a 29.2% increase from last year.
Profits also rose by 16.7% to Rs 47.4 crore.
Despite a 30% rise in expenses, the company's total payment volume surged to Rs 2 lakh crore.
Infibeam Avenues aims for a 23-32% growth in gross revenue for FY25, targeting 12-15% of net revenue from international growth within two years.
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Infibeam Avenues reporta un aumento del 29,2% en los ingresos de Q2 a 1.016,65 crores, a pesar de los mayores gastos.