Highlights
Infibeam’s Impressive Growth in Q3 FY25
Infibeam, a key player in the digital payments sector, has reported robust financial growth, with a 50% increase in profits for the quarter ending December 2024. The company’s operating revenue also experienced an 18% year-on-year rise for the same quarter.
Revenue Milestones
According to unaudited consolidated financial statements obtained from the National Stock Exchange (NSE), Infibeam Avenues saw its operational revenue surge to Rs 1,070 crore in Q3 FY25, up from Rs 907 crore in Q3 FY24. The payment segment contributed 94% of the overall collections, which increased by 17%, reaching Rs 1,010 crore in Q3 FY25. Additionally, the e-commerce platform segment witnessed a growth of 23.2%, elevating its revenue to Rs 60.3 crore. Overall, the company’s total revenue for the quarter amounted to Rs 1,093.5 crore.
Operational Insights
Infibeam operates a varied digital platform, concentrating on digital payments alongside e-commerce solutions. However, total expenses also rose by 18%, reaching Rs 1,013 crore in Q3 FY25. The largest cost for the company continued to be payment processing, which increased by 16.6% to Rs 930.4 crore. Employee benefits saw a 30% rise, amounting to Rs 40 crore, while depreciation costs also increased by 11.8% to Rs 19 crore. Additionally, the firm incurred Rs 23.6 crore in various undisclosed expenses during this quarter.
Profit Analysis
Infibeam’s profit after tax soared by 50%, achieving Rs 64.4 crore in Q3 FY25, compared to Rs 43 crore in the same quarter of the previous year. The company managed its operating revenue effectively, spending Re 0.95 for every rupee earned during the last quarter.
Competitive Landscape
In the competitive digital payments landscape, Infibeam faces challenges from major players such as Paytm, Razorpay, and PhonePe. As of 14:22 PM today, Infibeam’s market capitalization was recorded at Rs 6,504 crore, with its shares trading at Rs 23.32.