GIFT City-based fintech company, AvenuesAI, reported a strong start to FY27, with consolidated revenue from operations rising 109% year-on-year to Rs 2,680.4 crore in the first quarter ended June 30, 2026. Consolidated profit after tax (PAT) increased 45% to Rs 84.76 crore. EBITDA, excluding other income, grew 41% year-on-year to Rs 100 crore. Profit before tax rose 10% to Rs 86.65 crore during the quarter.
On Tuesday, the board also approved a proposal to increase the face value of the company's equity shares from Rs 1 to Rs 10. The company expects FY27 EPS to be in the range of Rs 8.75 to Rs 9.50 per share, based on the proposed post-corporate-action face value of Rs 10 per share.
