The company's gross revenue was up by 93%, at Rs. 418 crore.

The company has posted growth on account of surging payment transactional volume due to the return of high demand and increased economic activities. 

India’s first listed and leading fintech solutions provider company, Infibeam Avenues Ltd., has announced its financial results for the quarter ended June 30, 2022. 

The company's Profit After Tax was up by 69% YoY to Rs. 23 crore, while Gross Revenue was up by 93%, at Rs. 418 crore.

The company has posted growth on account of surging payment transactional volume due to the return of high demand and increased economic activities. 

Vishal Mehta, Managing Director, Infibeam Avenues Ltd, said, “We don’t see any demand and economic activities drop in the near future. We have registered TPV growth of 72% year-on-year across our fintech offerings in Q1 FY22-23. As per our internal data, the enormous rise in digital payment transactions was across all sectors.”