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Infibeam Avenues LimitedBoard Meeting, 26-05-2025: Outcome of Board Meeting

26-05-2025 | 01:54 pm

Infibeam Avenues Limited has announced a board meeting on key developments. FY25 consolidated gross revenue jumped 27% YoY to ₹3,993 Cr, with PAT rising 42% to ₹210.5 Cr. Q4 FY25 was strong, delivering 62% revenue growth and 53% PAT increase. Total Payment Volume hit ₹8.67 trillion, up 23%, while merchants onboarded rose 35% YoY to over 1.2 million. The board approved a rights issue to raise up to ₹700 Cr to boost AI, launch new payment platforms like RediffPay, and expand in the Middle East. The company also sold its entire stake in Infibeam Logistics and appointed new secretarial auditors.

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