Infibeam’s profit doubles; revenue up by 72% w - VC Circle

Infibeam Incorporation Ltd, the publicly-listed ecommerce firm which runs a clutch of businesses including online retail as well as builds and manages online stores for scores of merchants, reported a 72% rise in consolidated revenue at Rs 204.75 crore for the quarter ended 30 September against Rs 119.22 crore a year ago. Its profit more than doubled to Rs 28.9 crore in the latest quarter from Rs 13.63 crore. The impressive growth in revenue is mainly on the back of a four-fold increase in income from enterprise business—that is, the sale of software and ecommerce related ancillary […]


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