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Infibeam Avenues Ltd Q3FY24; 17% rise in Profits

Incorporated in 2017, 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 Q3FY24 of ₹912.00 Crores up from ₹415.00 Crore year on year, a rise of 119.76%.

Total Expenses for Q3FY24 of ₹862.00 Crores up from ₹383.00 Crores year on year, a rise of 125.07%.

Consolidated Net Profit of ₹41.00 Crores up 17.14% from ₹35.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.15, up 15.38% from ₹0.13 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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