Infibeam Avenues, a key player in digital payments and e-commerce solutions, delivered strong financial results in Q3 FY25, reflecting India’s accelerating shift to digital transactions. Infibeam Q3 results reported a 42.6% year-on-year (YoY) increase in consolidated net profit, reaching INR 62.4 crore, up from INR 43.75 crore in Q3 FY24. Sequentially, net profit rose 41.6% from INR 44 crore in Q2 FY25. This surge highlights the company’s ability to capitalize on fintech trends and scale its digital payment solutions effectively.
Infibeam Q3 Results
Revenue from operations increased 18% YoY, reaching INR 1,070.3 crore, compared to INR 907.1 crore in Q3 FY24. On a sequential basis, revenue grew 5.3% from INR 1,016.6 crore in Q2 FY25. The payments division, operated through CCAvenue, contributed INR 1,010.2 crore, marking a 17.2% YoY rise from INR 858.2 crore in the previous year. The e-commerce platform business grew 23% YoY, reaching INR 60.1 crore from INR 48.8 crore.
Infibeam’s revenue growth is fueled by deeper digital payment penetration and increasing e-commerce adoption. The company continues to strengthen its fintech footprint, leveraging partnerships and technology to drive transactional volume.
Infibeam Avenues – Company Overview
Infibeam Avenues is a leading global fintech company providing digital payment solutions and enterprise software platforms for businesses and governments. Its payment infrastructure includes acquiring, issuing, and banking solutions, with a core Payment Gateway (PG) business supporting over 200+ payment options in 27 international currencies.
The company processed INR 7 trillion (USD 86 billion) in FY24 and has a vast client base of over 10 million+ users across digital payments and enterprise software. It operates in India, UAE, Australia, and the USA, with a business presence in Oman, collaborating with three of the country’s largest banks.
Growth Factors – Higher Transactions and Take Rate
Total payment transaction volume (TPV) surged 24% YoY to INR 2,240 billion, driven by higher digital transactions across online and POS channels. Infibeam’s strategic partnerships with banks and fintech firms, along with AI-powered solutions, contributed to this expansion.
A key driver of profitability was the take rate—the revenue per transaction—which climbed 32% YoY to 11.1 basis points (bps). This improvement reflects the company’s success in increasing merchant acquisitions and expanding its service portfolio.
Expense Growth in Line with Business Expansion
Operating expenses rose 18% YoY to INR 1,013.4 crore, up from INR 857.9 crore in Q3 FY24. Sequentially, expenses increased 5.8% from INR 957.1 crore in Q2 FY25. Key cost drivers included payment processing expenses, which grew 16.6% to INR 930.4 crore, and employee benefits, which rose 30% to INR 40 crore. Depreciation expenses increased 11.8% to INR 19 crore, reflecting investments in technology and infrastructure.
Strategic Moves: Product Innovation and Global Expansion
Infibeam continues to expand its product offerings and market reach. The company launched CCAvenue SoundBox, a tap-to-pay POS device, strengthening its offline payments presence. It is also preparing to roll out RediffPay and RediffOne, leveraging its acquisition of Rediff to broaden its digital services.
Internationally, Infibeam is growing its presence with partnerships such as UAE-based Tamara BNPL and Google Pay, positioning itself in high-growth markets outside India. The company competes with major players like Paytm, Razorpay, and PhonePe, continuously refining its cost structure and AI-driven security mechanisms to enhance its competitive edge.
Conclusion
Infibeam Q3 results underscore its strong financial performance, driven by rising digital transactions, AI-powered fintech solutions, and strategic expansions. With innovative product launches, international growth, and a tech-focused approach, Infibeam is well-positioned for long-term success in the evolving fintech landscape. While market volatility poses challenges, the company’s robust fundamentals and expansion strategies indicate a promising future.
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