AvenuesAI (formerly Infibeam Avenues) reported a consolidated net profit of ₹89 Cr in the fourth quarter of FY26, a jump of 63% from ₹54.7 Cr in the year-ago period.

On a sequential basis, profit increased 11% from ₹79.8 Cr.

Operating revenue grew 115% YoY and 5% QoQ to ₹2,489.5 Cr. Including other income of ₹25.4 Cr, total income for the quarter under review stood at ₹2,515 Cr.

Adjusted EBITDA for the quarter increased 28% YoY to ₹99.4 Cr while EBITDA margin expanded to 66% from 58% in the year-ago quarter.

Meanwhile, total expenses increased 120% YoY to ₹2,428.8 Cr.

For the full FY26, the company’s total profit increased 25% to ₹294.9 Cr from ₹236 Cr in the previous year. Operating revenue more than doubled YoY to ₹8,115.9 Cr.

Besides announcing its financial performance, AvenuesAI’s board also approved the following acquisitions:

• Acquisition of a 7% stake in digital credit infrastructure startup Online PSB Loans for ₹65 Cr. The minority stake acquisition will allow AvenuesAI to participate and partner in the digital credit infrastructure ecosystem.
• Acquisition of a 2.5% stake in NBFC Ratnaafin Capital for ₹66 Cr. The transaction is part of the company's strategy to expand into digital lending and embedded finance ecosystem through a "liability-light" model by leveraging its digital platform.
• Investment of ₹1.25 Cr in its AI subsidiary Nueromind Technologies to acquire a 9.9% stake. The stake acquisition would make Nueromind a wholly owned subsidiary of the company.

With that, here’s a look at some of the key developments from AvenuesAI in the fiscal year FY26:

• Infibeam Avenues rebranded itself as AvenuesAI to reflect its shift towards an AI-led transaction infrastructure and digital payments platform.
• The company repositioned itself from a payment gateway player to an AI-native transaction infrastructure platform spanning payments, merchant operating systems, AI orchestration and consumer ecosystems.
• The company approved the transfer of its ecommerce platform infrastructure business to Rediff.com for ₹800.39 Cr and increased its stake in Rediff to 82.66%.
• Subsidiary Phronetic AI launched PayCentral.ai, positioned as India's first agentic payments platform built on Google's AP2 framework.
• The company secured multiple regulatory approvals, including RBI authorisation for offline payment aggregation, in-principle approval for PPIs, and IFSCA approval to operate as a payment service provider at GIFT-IFSC.
• It completed a ₹700 Cr rights issue with 1.4X oversubscription to fund AI, payments infrastructure and expansion initiatives.
• RediffPay commenced closed user group (CUG) testing after receiving NPCI TPAP approval for its financial wellness-focused UPI platform.