AvenuesAI Reports Strong Q1 FY27 Results: Revenue Jumps 109% as Company Advances AI and Capital Restructuring

AvenuesAI Reports Strong Q1 FY27 Results: Revenue Jumps 109% as Company Advances AI and Capital Restructuring​

Gandhinagar, August 11, 2026 — AvenuesAI Limited, a leading global financial technology company, announced its consolidated unaudited financial results for the first quarter of fiscal year 2027 (Q1 FY27), concluding on June 30, 2026. The results highlighted significant growth across the company’s operations, driven by its payments infrastructure and technological advancements.

The Company reported a substantial increase in revenue from operations, while profitability also saw marked improvement.

Consolidated Financial Highlights (Q1 FY27)​

As per the consolidated statement of unaudited financial results, Q1 FY27 demonstrated strong year-on-year performance:


The consolidated profit after tax increased by 45% year-on-year, underscoring continued profitability alongside strategic investments in technology and new growth segments.

Strategic Focus Areas for FY27​

AvenuesAI is entering the next phase of growth with three core strategic priorities aimed at unlocking long-term value across its digital ecosystem:

1. Unlocking Rediff Value: The Company intends to evolve Rediff.com beyond its traditional content and email businesses, connecting its consumer and enterprise digital presence with AvenuesAI's capabilities in payments, AI, and commerce to create a broader integrated digital platform.
2. Expanding Payments in the US: The United States is identified as a key market for international expansion of CCAvenue’s payment services. The strategy involves leveraging existing expertise in digital and enterprise payments to build a scalable presence in the US.
3. Developing AvenuesAI Transaction Intelligence Score (TISco): Leveraging its position within the transaction ecosystem, AvenuesAI plans to develop TISco. This proprietary intelligence layer is designed to dynamically assess transaction quality, merchant reliability, and business behavior across payment patterns, fraud detection, and credit services.

Corporate Restructuring and Approvals​

The Board of Directors reviewed and approved several key corporate actions during its meeting on August 11, 2026:

• Scheme of Amalgamation: The Board approved a draft Scheme for the amalgamation of Nueromind Technologies Private Limited, AvenuesAI's Wholly Owned Subsidiary, into AvenuesAI Limited. This initiative aims to simplify and rationalize the corporate structure by consolidating complementary businesses under a single entity.
• Capital Restructuring: The board also considered and approved the consolidation of the existing equity shares from 10 (Ten) Equity Shares of Re 1/- each to 1 (One) Equity Share of Rs 10/- each, subject to shareholder approval.
• Investment Limit Increase: The Board approved increasing the investment limit for acquiring a stake in RatnaFin Capital Private Limited from not exceeding Rs 66.00 Crores to not exceeding Rs 70.00 Crores for acquiring up to a 2.50% stake of Post issue capital.

Operational and Regulatory Milestones​

During Q1 FY27, the Company achieved several significant operational milestones:

• AI Ecosystem: The Indian AI Research Organisation (IAIRO) appointed Vishal Mehta, Chairman and Managing Director of AvenuesAI Limited and Rediff.com, as its Technical Advisor, reinforcing the company's engagement with India’s broader AI ecosystem.
• International Payments Approval: The Central Bank of the UAE (CBUAE) granted In-Principle Approval to Avenues World FZ LLC for a Retail Payment Services - Category III Licence.
• Prepaid Payment System: The Reserve Bank of India (RBI) authorized AvenuesAI Limited (GoWallet) to set up a payment system for the issuance and operation of Prepaid Payment Instruments under the Payment and Settlement Systems Act, 2007.

Rights Issue and Capital Utilization​

The Board also approved the variation in the objects of the Rights Issue. The utilization of the rights issue proceeds (net of expenses) is summarized below:


Net unutilized proceeds as on June 30, 2026 have been temporarily invested in deposits with scheduled banks and held in a current account with a scheduled bank.

CCAVENUE Stock Price Movement​

AvenuesAI Limited shares today slipped by 4.50% to settle at ₹16.75 following the close of trading. The stock saw a total volume of 12.38 million shares, staying near its intraday low during activity.