Infibeam Q1: PAT Declines 16% To INR 58 Cr

Fintech company Infibeam Avenues reported a 16% decline in its consolidated profit after tax (PAT) at INR 58.4 Cr in the June quarter of the financial year 2025-26 (Q1 FY26) from INR 69.4 Cr in the year-ago quarter. Sequentially, profit jumped 7% from INR 54.6 Cr. 

The company’s operating revenue for the quarter under review rose 72% to INR 1,280.2 Cr from INR 745 Cr in the year-ago quarter. On a sequential basis, revenue rose 10% from INR 1,160 Cr. 

Total income stood at INR 1,306.5 Cr, up 69% from INR 771.5 Cr in the year-ago quarter. 

Despite the growth in its top line, the company’s profit declined on the back of rising expenses. Infiebeam’s total expenditure zoomed 77% to INR 1,229.3 Cr in the June quarter from INR 693.7 Cr in Q1 FY25. The company’s operating expense surged 63% to INR 1,128 Cr during the quarter under review from INR 694 Cr in Q1 FY25.

Founded in 2007 by Vishal Mehta, Infibeam provides digital payment solutions and enterprise software platform solutions.

Infibeam's FY25 At A Glance

Source: Inc42

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Where Did Infibeam Earn Revenue From In Q1 FY26? 

The company earns revenue on per transaction-based fee from the merchants onboarded on the platform and also earns via MDR on various digital payment methods. On the ecommerce side, it offers SaaS services to enable enterprises to do large online business and manage their back-end operations such as orders, inventory and logistics. Notably, Infibeam also offers its ecommerce-focussed SaaS services to the Centre’s online procurement platform GeM.

The company’s payment solutions business saw its revenue grow 74% to INR 1,226 Cr in Q1 FY26 from INR 705 Cr in the year-ago quarter. Despite the revenue growth, the vertical’s transaction processing value (TPV) fell 3% YoY to INR 19 Lakh Cr. The net take rate (NTR) also fell 7% YoY to 10.4 basis points. 

The ecommerce business generated a revenue of INR 54 Cr, up 35% from INR 40 Cr in the year-ago quarter. 

Infibeam’s board also approved the transfer of its ecommerce business to its subsidiary Rediff at a valuation of INR 800 Cr. The company acquired a majority stake in Rediff in August last year.

Going forward, Infibeam will focus on developing its AI infrastructure. The company, which raised INR 700 Cr via a right issue last month to accelerate its AI adoption, plans to set up 12 small-city data centres of 1-2 MW each and launch an agentic AI marketplace where developers, enterprises, and individuals can build, buy, sell, and operate AI agents as functional digital co-workers.

Shares of Infibeam ended today’s trading session 0.4% lower at INR 15.24 on the BSE.