Q1 2025 Infibeam Avenues Ltd Earnings Call Transcript
Key Points
- Infibeam Avenues Ltd (BOM:539807) reported double-digit year-over-year growth in net revenue, EBITDA, and profits for Q1 FY25.
- The company has appointed Mr. Narayanan Sadanandan as an Independent Director, bringing extensive experience in finance and banking to the board.
- The Board has approved an investment in Rediff.com, which is expected to enhance user engagement and open up new revenue streams.
- Infibeam Avenues Ltd (BOM:539807) has acquired the remaining 26% in Infibeam Digital Entertainment, making it a fully owned subsidiary.
- The company has been granted a payment aggregator license by the RBI, which will help in onboarding new merchants and expanding its digital payment services.
- The company has not recorded any revenue from the GeM platform, which has led to a marginal decline in platform business revenue.
- There is a slow growth in transaction processing volume (TPV) excluding GeM, with only a 4% increase in the payments business.
- The company has not received any incentives from banks for UPI transactions, impacting potential revenue from this segment.
- Rediff.com, which Infibeam Avenues Ltd (BOM:539807) has invested in, reported a marginal loss of INR4-5 crores last year.
- The company faces challenges in scaling its AI initiatives, particularly in achieving accuracy and solving complex problems in video AI.
Ladies and gentlemen, good day, and welcome to the Infibeam Avenues Limited Q1 FY25 earnings conference call hosted by Go India Advisors. (Operator Instructions) Please note that this conference is being recorded. I now hand the conference over to Mr. Rajat Gupta from Go India Advisors. Thank you, and over to you sir
Yes. Thank you, Neha. Good evening, everyone, and welcome to Infibeam Avenues Limited earnings call to discuss the Q1 FY25 results. We have on the call with us today, Mr. Vishal Mehta, Chairman and Managing Director; Mr. Vishwas Patel, Joint Managing Director; and Mr. Sunil Bhagat, Chief Financial Officer.
Also joining us on the call today is Mr. B. Ravi, who is advising Infibeam on corporate and financial strategy as an independent consultant. We must remind you that the discussion on today's call may include certain forward-looking statements and must be, therefore, viewed in conjunction with the risk that the company faces. I now request Mr. Vishal Mehta to take us through the company's
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
