Categories AlphaGraphs, Earnings

Infibeam Avenues Ltd Q2FY24; 66% rise in Revenue

Incorporated in 2007, Infibeam Avenues Ltd is in the business of software development services, maintenance, web development, payment gateway services, e-commerce and other ancillary services

Financial Results:

  • Infibeam Avenues Ltd reported Revenues for Q2FY24 of ₹790.00 Crores up from ₹477.00 Crore year on year, a rise of 65.62%.
  • Total Expenses for Q2FY24 of ₹738.00 Crores up from ₹454.00 Crores year on year, a rise of 62.56%.
  • Consolidated Net Profit of ₹40.00 Crores from ₹40.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹0.15, from ₹0.15 in the same quarter of the previous year.

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