AvenuesAI Q1 Profit Jumps 45% To ₹84.8 Cr; Revenue Doubles

AvenuesAI is a company that helps people make digital payments.

It used to be called Infibeam Avenues.

The company shared its report card for the first three months of its financial year.

Its profit went up by 45 percent compared to the same time last year.

The money it earned from its business more than doubled.

But its spending also went up a lot, more than twice what it spent before.

Even after paying all its bills, the company still made a good profit.

Compared to the previous three months, its profit was a little bit lower.

Its revenue kept growing from the previous quarter as well.

This shows that the company's payments business is growing bigger.