AvenuesAI Q1 PAT rises 45 percent; Company positions Rediff, US Payments and AI as next growth engines

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.



According to AvenuesAI, the company is turning its attention to three areas it believes can shape its next phase of growth -- unlocking the value of Rediff, taking CCAvenue deeper into the US market and building an AI-led transaction intelligence score (TISco) platform.


As per the company, AvenuesAI wants to transform Rediff.com from a legacy content and email business into a broader digital platform spanning content, consumer payments, and enterprise services. The second priority is geographic expansion, with the US identified as a key strategic market for international payments in the coming fiscal year. While the third priority is the development of its proprietary Transaction Intelligence Score (TISco).


As Chairman and Managing Director Vishal Mehta put it, the company's next phase is about turning the intelligence embedded in transactions into new products, capabilities and sources of value. He said AvenuesAI believes TISco can become an intelligence layer across its ecosystem, with potential applications in risk, fraud, merchant intelligence and financial services.


The company's AI ambitions are also reflected in another Board decision; the proposed merger of Nueromind Technologies Private with AvenuesAI, subject to shareholder, regulatory and other approvals, as per the press statement.


Nueromind Technologies was established to develop AI capabilities spanning fraud detection, authentication, risk identification and next-generation AI and reasoning technologies. On Tuesday, AvenuesAI says the proposed integration will bring those capabilities closer to its core businesses while combining AI talent, intellectual property and technology development.


The company simultaneously announced its revenue guidance, forecasting consolidated FY27 revenue of Rs 11,000 crore to Rs 13,000 crore. The company also disclosed its three-year capital strategy, where it says that it will protect the core, while funding the next growth engine.


AvenuesAI said it expects the core payment business to remain strongly profitable and generate rising operating accruals, with a portion of that incremental capacity directed towards AI, transaction intelligence and other high-conviction growth opportunities.


During Q1 FY27, the Central Bank of the UAE granted in-principle approval to Avenues World's application for a Category III Retail Payment Services licence. While in India, the Reserve Bank of India (RBI) authorised AvenuesAI's GoWallet to set up a payment system for the issuance and operation of Prepaid Payment Instruments under the Payment and Settlement Systems Act, 2007.


During the first quarter the company also announced plans to acquire a secondary equity stake of up to 7% in Online PSB Loans and a stake of up to 2.50% in RatnaFin Capital. AvenuesAI said these proposed investments would deepen its participation in India's digital lending and NBFC ecosystems, while creating opportunities across lending distribution, credit intelligence and financial products.