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(26/08/2026 12:20)

AvenuesAI Q1 net profit down 41.77% at Rs 25.44 cr

The company reported standalone net profit of Rs 25.44 crore for the quarter ended June 30, 2026 as compared to Rs 43.69 crore in the same period last year, registering a year-on-year decline of 41.77 per cent.

Net revenue of the company rose triple digit by 111.39 per cent at Rs 2,533.38 crore in April-June quarter of this fiscal as against Rs 1,198.42 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 118.95 per cent to Rs 2,513.24 crore from Rs 1,147.87 crore in year ago period.

Other Income grew by 5.66 per cent at Rs 21.66 crore versus (Jun'25 Rs 20.50 crore).

Operating Profit slipped by 60.16 per cent to Rs 20.14 crore as against Rs 50.55 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 81.28 per cent in June quarter.

Interest grew by 106.06 per cent y-o-y to Rs 2.04 crore, while Taxation decreased by 50.81 per cent at Rs 8.50 crore (Jun'25 Rs 17.28 crore).

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