AvenuesAI Q2 FY27 consolidated revenue Rs 2,879.24 cr, PAT Rs 71.70 cr

What the numbers show

• Net margin was 2.49% of revenue, down 95 bps from 3.44%.
• Total expenses rose 49.4% while revenue rose 46.5%.

Key numbers (consolidated)

All figures below are taken from the statement of unaudited consolidated financial results for the quarter ended September 30, 2026, compared with the corresponding quarter ended September 30, 2025.

• Revenue from operations: Rs 2,879.24 cr (Q2 FY27) vs Rs 1,964.91 cr (Q2 FY26)
• Total income from operations: Rs 2,879.24 cr vs Rs 1,964.91 cr
• Other income: Rs 28.26 cr vs Rs 21.06 cr
• Total income (1+2): Rs 2,907.50 cr vs Rs 1,985.97 cr
• Operating expenses: Rs 2,727.92 cr vs Rs 1,811.80 cr
• Employee benefit expenses: Rs 32.05 cr vs Rs 34.12 cr
• Finance cost: Rs 10.90 cr vs Rs 3.17 cr
• Depreciation and amortisation expenses: Rs 34.05 cr vs Rs 18.76 cr
• Other expenses: Rs 20.39 cr vs Rs 22.76 cr
• Total expenses: Rs 2,825.31 cr vs Rs 1,890.61 cr
• Profit before exceptional items / non-controlling interest / share in net profit/(loss) of associates: Rs 82.19 cr vs Rs 95.36 cr
• Profit before tax (after share in associates): Rs 83.17 cr vs Rs 88.82 cr
• Tax expenses (total): Rs 11.47 cr vs Rs 21.17 cr
• Profit from operations after tax: Rs 71.70 cr vs Rs 67.65 cr
• Profit attributable to owners of the company: Rs 63.76 cr vs Rs 66.52 cr
• Profit attributable to non-controlling interest: Rs 7.94 cr vs Rs 1.13 cr
• Other comprehensive income, net of tax: Rs (1.07) cr vs Rs 0.08 cr
• Total comprehensive income: Rs 70.63 cr vs Rs 67.73 cr
• Total comprehensive income attributable to owners of the company: Rs 62.76 cr vs Rs 66.59 cr
• Total comprehensive income attributable to non-controlling interest: Rs 7.87 cr vs Rs 1.14 cr
• Paid-up equity share capital (Face value Rs 10/- each): Rs 348.95 cr vs Rs 314.64 cr
• Earnings per share – Basic*: Rs 2.06 vs Rs 2.31
• Earnings per share – Diluted*: Rs 2.04 vs Rs 2.28

*EPS figures are as disclosed in the statement of financial results and are not annualised.

In Q2 FY27, consolidated revenue from operations increased to Rs 2,879.24 cr from Rs 1,964.91 cr in Q2 FY26, as per the statement of financial results. Total income, including other income, rose to Rs 2,907.50 cr from Rs 1,985.97 cr over the same period.

Total expenses moved up to Rs 2,825.31 cr in Q2 FY27 from Rs 1,890.61 cr a year earlier. Within this, operating expenses increased to Rs 2,727.92 cr from Rs 1,811.80 cr, finance cost rose to Rs 10.90 cr from Rs 3.17 cr, and depreciation and amortisation expenses increased to Rs 34.05 cr from Rs 18.76 cr. Employee benefit expenses were Rs 32.05 cr versus Rs 34.12 cr, while other expenses were Rs 20.39 cr versus Rs 22.76 cr.

Profit before exceptional items, non-controlling interest and share in net profit/(loss) of associates stood at Rs 82.19 cr in Q2 FY27 compared with Rs 95.36 cr in Q2 FY26. After accounting for the share in net profit/(loss) of associates, profit before tax was Rs 83.17 cr versus Rs 88.82 cr.

Tax expenses for the quarter were Rs 11.47 cr, down from Rs 21.17 cr in the year-ago quarter. Profit from operations after tax (profit after tax) increased to Rs 71.70 cr from Rs 67.65 cr.

Profit attributable to owners of the company was Rs 63.76 cr in Q2 FY27 compared with Rs 66.52 cr a year earlier, while profit attributable to non-controlling interest rose to Rs 7.94 cr from Rs 1.13 cr. Total comprehensive income for the period was Rs 70.63 cr versus Rs 67.73 cr, with Rs 62.76 cr attributable to owners of the company and Rs 7.87 cr to non-controlling interest.

Basic earnings per share for the quarter, with a face value of Rs 10 per share, were Rs 2.06 compared with Rs 2.31 in the corresponding quarter last year, and diluted earnings per share were Rs 2.04 versus Rs 2.28, as disclosed in the statement of financial results.