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Infibeam’s Q3 PAT jumps 64% to INR 42.1 Cr on festival demand push

Inc42 · 1y ago

Infibeam’s Q3 PAT jumps 64% to INR 42.1 Cr on festival demand push

Listed payments infrastructure company Infibeam Avenues reported a 64% jump in profit after tax (PAT) to INR 42.1 Cr in Q3 FY24. The company attributed this growth to festive demand and an increase in merchants using its CCAvenue payment solution. Infibeam's operating revenue more than doubled to INR 912 Cr in the same quarter. The company also mentioned that it has added artificial intelligence as a horizontal business vertical to support its platforms and payments, which will change the way it conducts business.

Related News

Zaggle Q3: PAT Jumps 10X YoY To INR 15.2 Cr

Inc42 · 1y ago

Zaggle Q3: PAT Jumps 10X YoY To INR 15.2 Cr

Fintech SaaS startup Zaggle saw a significant jump in its profit after tax (PAT), reporting a 10x increase to INR 15.2 Cr in Q3 of FY24, compared to INR 1.5 Cr in the same period last year. The company's strategic product diversification and cost-cutting measures contributed to the growth. Zaggle also achieved an all-time high quarterly revenue, with a 35.1% YoY increase to INR 199.5 Cr. Founder Narayanam highlighted the successful launch of commercial credit card offerings and the entry into the fleet loyalty card program as factors driving growth.

ideaForge’s Q3 Profit Jumps 16X QoQ To Touch INR 14.8 Cr

Inc42 · 1y ago

ideaForge’s Q3 Profit Jumps 16X QoQ To Touch INR 14.8 Cr

Drone manufacturer ideaForge reported a net profit of INR 14.8 Cr in Q3 FY24, a significant increase from a loss of INR 7.8 Cr in the same quarter last year. The company's operating revenue also saw a substantial rise of over 1,000% to INR 90.9 Cr in Q3 FY24. ideaForge's strong growth is attributed to its commitment to delivering high-quality products and solutions. The company's EBITDA increased to INR 26.2 Cr in Q3 FY24. Total expenses rose by 173%, primarily due to increased spending on materials consumed.

Zelio E-Mobility H1 Profit Jumps 69% YoY To INR 11.8 Cr

Inc42 · 3d ago

Zelio E-Mobility H1 Profit Jumps 69% YoY To INR 11.8 Cr

Zelio E-Mobility, an electric vehicle (EV) manufacturer listed on the BSE SME, has reported a 69% year-on-year increase in standalone profit for the first half (H1) of FY26, reaching INR 11.8 crore. Sequentially, profit after tax (PAT) rose by 33% from INR 8.9 crore. The company's operating revenue grew 77% year-on-year and 38% sequentially to INR 133.3 crore, while total income, including other income, stood at INR 134.3 crore for H1 FY26. Total expenses increased by 78% year-on-year to INR 119.9 crore.

Yatra Q3: Posts INR 1.1 Cr PAT, Revenue Jumps 23% YoY

Inc42 · 1y ago

Yatra Q3: Posts INR 1.1 Cr PAT, Revenue Jumps 23% YoY

Yatra Online, an Indian online travel aggregator, reported a consolidated net profit of INR 1.1 Cr in Q3 FY24, compared to a loss of INR 5.6 Cr in the same quarter of the previous year. Operating revenue increased by almost 23% YoY to INR 110.3 Cr in Q3 FY24. The company's domestic air passenger traffic grew by 26% YoY during the quarter. However, its EBITDA declined by 25% YoY to INR 4.8 Cr. Yatra continues to expand its corporate client base and closed 26 new corporate accounts during the quarter.

Infibeam revenue jumps 93% to Rs 1,965 Cr in Q2 FY26

Entrackr

Entrackr · 4d ago

Infibeam revenue jumps 93% to Rs 1,965 Cr in Q2 FY26

Infibeam revenue jumps 93% to Rs 1,965 Cr in Q2 FY26 Infibeam reported strong growth for the quarter ending September 2025. The Ahmedabad-based firm’s revenue from operations rose 93% year-on-year, nearing the Rs 2,000 crore threshold, while its profit grew 45% during the same period. Infibeam’s revenue from operations rose to Rs 1,965 crore in Q2 FY26 from Rs 1,017 crore in Q2 FY25, according to its consolidated financial statements filed with the National Stock Exchange (NSE). Infibeam’s payment business contributed 97% of its total collections, which jumped 95% to Rs 1,900 crore in Q2 FY26. Its e-commerce platform business also saw a 48% rise, reaching Rs 65 crore. The firm reported other income of Rs 21 crore, taking its total revenue to Rs 1,986 crore. Infibeam operates a diversified digital platform, primarily focusing on digital payment services and e-commerce solutions. On the cost front, Infibeam's total expenses surged 98% to Rs 1,891 crore in Q2 FY26 from 957 crore in Q2 FY25. Payment processing remained the largest cost driver, jumping 105% to Rs 1,812 crore. Employee benefit expenses remained stable at Rs 34 crore, while depreciation costs increased 12% to Rs 19 crore. Infibeam’s profit rose 45% to Rs 68 crore in Q2 FY26 from Rs 47 crore in Q2 FY25. For the six months ending September 2025, the company’s profit increased 17% to Rs 126 crore in H1 FY26 from Rs 108 crore in H1 FY25. Last month, Infibeam Avenues obtained in-principle approval from the Reserve Bank of India (RBI) to issue Prepaid Payment Instruments (PPIs) under the Payment and Settlement Systems Act, 2007. At the close of today’s trading session, Infibeam’s share price stood at Rs 19.29 per share, giving the company a market capitalization of Rs 5,379 crore ($606 million).

Info Edge Q3: PAT Jumps 157% YoY To INR 119.4 Cr

Inc42 · 1y ago

Info Edge Q3: PAT Jumps 157% YoY To INR 119.4 Cr

Online classifieds major Info Edge reported a 157% YoY increase in consolidated net profit to INR 119.4 Cr in Q3 FY24. The growth was largely due to an exceptional loss of INR 411.8 Cr in the year-ago quarter. Despite this, total revenue declined by nearly 32% YoY to INR 659.8 Cr, primarily due to a drop in other income. Info Edge's online recruitment platform Naukri.com saw a 3.6% YoY increase in revenue, while its real estate portal 99acres.com recorded a 12.1% YoY growth.

Ixigo posts Rs 242 Cr revenue Q3 FY25; PBT jumps 54%

Entrackr

Entrackr · 9m ago

Ixigo posts Rs 242 Cr revenue Q3 FY25; PBT jumps 54%

Ixigo released its financial results for the third quarter of the ongoing fiscal year (Q3 FY25) on Tuesday. The company reported a 41% growth in scale, while its year-on-year (YoY) profits declined by 49.3%. Ixigo’s revenue from operations surged 41.5% to Rs 242 crore in Q3 FY25 in contrast to Rs 171 crore in Q3 FY24, as per the firm’s consolidated financial results sourced from the National Stock Exchange. The company generated the majority (49.6%) of its operating revenue from train ticketing which increased to Rs 120 crore in Q3 FY25 from Rs 95 crore in Q3 FY24. Flight and bus booking services contributed 28% and 21.4% respectively. Besides operating revenue, the firm also earned Rs 5.2 crore via interest and gains from financial assets during the quarter, taking its total topline to Rs 247 crore in Q3 FY25. Ixigo’s gross transaction value (GTV) increased 48% year-on-year to Rs 4,036 crore during the third quarter of the ongoing fiscal year. Employee benefits expenses rose by 17% YoY to Rs 41 crore. Overall, the company's total costs grew 42.7% to Rs 224 crore in Q3 FY25 compared to Rs 157 crore in Q3 FY24. Ixigo's net profits dropped by 49.3% to Rs 15.5 crore in Q3 FY25 from Rs 30.6 crore in Q3 FY24, attributed to a deferred tax income of Rs 16.7 crore booked in Q3 FY24. On a PBT basis, profits showed a significant QoQ increase of 54% to Rs 21.4 crore in Q3 FY25 from Rs 13.9 crore in Q3 FY24. Ixigo is currently trading at Rs 127.7 with a total market capitalization of Rs 4,886 crore or $581 million.

RentoMojo FY24: Profit Jumps 3X To INR 22 Cr, Operating Revenue Inches Closer To INR 200 Cr

Inc42 · 1y ago

RentoMojo FY24: Profit Jumps 3X To INR 22 Cr, Operating Revenue Inches Closer To INR 200 Cr

RentoMojo, an online furniture rental startup, experienced strong growth in FY24. Its operating revenue increased, reaching nearly INR 200 crore, driven by high customer demand and improved efficiency through automation. The company's profit after tax also saw a significant increase, surging more than three-fold to INR 22 crore compared to the previous year. RentoMojo's EBITDA grew 142% year-on-year to INR 66 crore, thanks to increased operational efficiency achieved through automation.

Info Edge posts Rs 722 Cr revenue in Q3 FY25; profit jumps 2.5X

Entrackr

Entrackr · 9m ago

Info Edge posts Rs 722 Cr revenue in Q3 FY25; profit jumps 2.5X

Info Edge posts Rs 722 Cr revenue in Q3 FY25; profit jumps 2.5X Info Edge, the parent company of Naukri and 99acres, released its unaudited financial results for Q3 FY25. According to the company’s update sourced from the National Stock Exchange (NSE), revenue from operations grew by 15.2% to Rs 722 crore in Q3 FY25 from Rs 627 crore in Q3 FY24. The company recorded Rs 2,100 crore in revenue during the first nine months of FY25, with profits reaching Rs 632 crore. Info Edge derives the majority of its revenue—73%—from Naukri.com, which contributed Rs 527 crore in Q3 FY25, marking a 12.3% year-on-year growth compared to Q3 FY24. Meanwhile, revenue from 99 acres reached Rs 104 crore, while the Jeevansathi and Shiksha segments collectively generated Rs 91 crore during the same quarter. The company added another Rs 187 crore from interest on deposits and investments, which pushed its overall revenue to Rs 9,094 crore in Q3 FY25, compared to Rs 660 crore in Q3 FY24. Info Edge spent 62.6% of its overall expenditure on employee benefits, which increased by a modest 9.7% year-on-year to Rs 305 crore in Q3 FY25. Its advertising and internet costs stood at Rs 82 crore and 20 crore, respectively. The company’s overall cost grew 7% YoY to Rs 487 crore in Q3 FY25 from Rs 455 crore in Q3 FY24. The steady growth and surge in other income with controlled expenditure led its profits to increase by 142% to Rs 288 crore in Q3 FY25, compared to Rs 119 crore in Q3 FY24. On a unit level, it spent Rs 0.67 to earn a rupee in Q3 FY25. As of 4:40 PM, Info Edge is trading at Rs 7,910, reflecting a Rs 203.1 increase following today's results. Its total market capitalization value improved to Rs 1,02,501 crore ($12.2 billion).

Tracxn posts INR 2.2 Cr in PAT in Q3; Operating revenue grows 4.4% YoY

Inc42 · 1y ago

Tracxn posts INR 2.2 Cr in PAT in Q3; Operating revenue grows 4.4% YoY

Market intelligence platform Tracxn Technologies reported a 64% decline in profit after tax (PAT) for the December quarter of FY24, compared to the same period last year. However, excluding exceptional gains, Tracxn's PAT increased by 55% year-on-year. The company's operating revenue grew by 4.4% YoY. Tracxn aims to improve customer acquisition and expansion as the market opens up further. It is also focusing on paid customer engagement and account expansion. Tracxn's total expenses decreased marginally, and it plans to set up separate teams for customer expansion and engagement initiatives.

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