Decline in PAT for Infibeam in Q1 hits INR 58 Crore mark, showing a 16% drop
Infibeam's Q1 FY26 Revenue Breakdown: Payment Solutions Dominate, E-commerce Grows
Infibeam, the Indian digital solutions provider, reported its Q1 FY26 financial results, with its payment solutions business and e-commerce platform contributing significantly to the company's total revenue.
In Q1 FY26, Infibeam's e-commerce business generated revenue of ₹53.7 crore, while its payment solutions business contributed ₹1,226.4 crore, making up 96% of its total collections for the quarter.
The e-commerce platform's revenue growth was 38.5% year-on-year, whereas the payment business revenue surged 74% year-on-year during this period.
The payment solutions business primarily includes digital payment services like CCAvenue, which significantly dominates the company's revenue mix with ₹1,226.4 crore in collections in Q1 FY26 (96% of total collections). The payment business drives the majority of the consolidated revenue and covers payment processing fees and related digital fintech services.
Historically, the e-commerce platform contributed ₹180 crore in revenue for the entire FY25 but is undergoing strategic transition. Infibeam approved the sale of its e-commerce infrastructure business to Rediff for ₹800.39 crore, effective after Q1 FY26. Post-sale, Infibeam plans to focus on digital payments and AI innovation.
Infibeam also plans to focus on developing its AI infrastructure and set up 12 small-city data centres of 1-2 MW each.
The transaction processing value (TPV) for Infibeam's payment solutions decreased 3% year-on-year to INR 19 Lakh Crore in Q1 FY26. However, the net take rate (NTR) for Infibeam's payment solutions fell 7% year-on-year to 10.4 basis points in Q1 FY26.
On the stock market front, Infibeam's shares ended today's trading session 0.4% lower at INR 15.24 on the BSE.
[1] - [Source 1] [2] - [Source 2] [3] - [Source 3] [4] - [Source 4] [5] - [Source 5]
[1] In its strategic transition, Infibeam plans to shift focus from e-commerce to investing in artificial-intelligence and digital payments [Source 4].
[2] The use of artificial-intelligence could potentially improve Infibeam's digital payment services like CCAvenue, contributing more to the technology sector of the business [Source 5].
