Ahmedabad-based fintech firm AvenuesAI Limited reported robust growth in Q3 of FY2025‑26, with a sharp rise in revenue and steady profit gains as its payments business and AI-led strategic shift drive expansion across its merchant network and transaction services.
Revenue surges as payments drive expansion
For the quarter ended 31 December 2025, AvenuesAI posted gross revenue of ₹2,381 crore, up 122% year‑on‑year from ₹1,070 crore a year earlier. The more than twofold increase reflects rapid scaling of its core payments operations and higher transaction volumes across merchants and consumer channels.
The payments segment remained the principal growth engine, contributing about 97.5% of total collections. Payments revenue rose 130% YoY to ₹2,323 crore, driven by greater adoption of digital payment acceptance, merchant acquiring and transaction processing services.
The company’s enterprise e‑commerce platform — which provides software, infrastructure and related services to businesses — recorded a modest 3.3% decline to ₹58 crore in Q3, underscoring the company’s concentrated emphasis on the higher‑growth payments vertical. Other income of ₹16 crore brought total reported revenue for the quarter to ₹2,397 crore.
Profitability and cost trends
Net profit for the quarter increased 25% YoY to ₹80 crore, up from ₹64 crore in Q3 a year ago. For the nine months ended December 2025, cumulative profit rose to ₹206 crore, a 14% increase versus the prior‑year period.
At the same time, total expenditure climbed 128% YoY to ₹2,307 crore as the company scaled operations to handle larger transaction volumes. Certain cost items, however, showed moderation: employee benefit expenses fell 32% and depreciation declined 3%, suggesting some operational efficiencies amid expansion.
Rebranding and strategic pivot to AI
During the quarter the company approved a corporate name change to AvenuesAI Limited, signalling a strategic pivot to embed artificial intelligence across its fintech stack. Management said AI capabilities will be used in transaction analytics, fraud detection, compliance monitoring and merchant solutions to strengthen product differentiation and risk controls.
The market reacted positively to the results: the stock closed at ₹18.80 after the announcement, implying a market capitalisation near ₹6,537 crore.
Outlook
With digital payments adoption continuing to rise across urban and rural India, AvenuesAI’s strong Q3 performance suggests it is well positioned to capitalise on increased merchant participation and deeper fintech penetration. Continued investment in payments infrastructure and AI‑driven features will be key to sustaining growth and improving margins in coming quarters.
