Aurionpro Solutions Ltd

Aurionpro Solutions has fixed 04 February 2025 as record date for interim dividend of Re 1 per share of Rs 10 each for FY 2024-25. Powered by Capital Market - Live

Aurionpro Solutions announced that the Board of Directors of the Company at its meeting held on 27 January 2025, inter alia, have recommended the interim dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Aurionpro Solutions rose 26.07% to Rs 47.34 crore in the quarter ended December 2024 as against Rs 37.55 crore during the previous quarter ended December 2023. Sales rose 32.66% to Rs 306.11 crore in the quarter ended December 2024 as against Rs 230.75 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales306.11230.75 33 OPM %20.8522.20 - PBDT66.6550.48 32 PBT59.2045.22 31 NP47.3437.55 26 Powered by Capital Market - Live

Aurionpro Solutions will hold a meeting of the Board of Directors of the Company on 27 January 2025.Powered by Capital Market - Live

Aurionpro Solutions (Aurionpro) has secured an order win from Delhi Metro Rail Corporation (DMRC). Under this order, Aurionpro will deliver Automated Fare Collection (AFC) technology and manufactured solutions, including automated gates, validators, and card readers for various operational sectors across DMRC's extensive Phase I, II, and III networks. The AFC gates for this project will be fully manufactured in India at Aurionpro's state-of-the-art facility in Ghaziabad, aligning with the government's Make in India initiative. This significant project reinforces Aurionpro's position as a trusted technology partner in the smart transit space and showcases its commitment to delivering advanced, efficient, and locally manufactured transit solutions for one of the largest metro systems in the world. Delhi Metro holds the distinction of pioneering metro rail services in India, setting the benchmark for urban transit systems across the country. Being entrusted with this project underscores Aurionpro's reputation for delivering innovative and reliable solutions in the smart transit space. Powered by Capital Market - Live

Under the order, Aurionpro will deliver AFC technology, including automated gates, validators, and card readers, for DMRC's extensive Phase I, II, and III networks. The AFC gates will be fully manufactured in India at Aurionpro's state-of-the-art facility in Ghaziabad, in line with the government's Make in India initiative. Sanjay Bali, President & Global Head ' Tech Innovation Group, Aurionpro Solutions, said, 'We are honoured to partner with Delhi Metro Rail Corporation, a pioneer and symbol of excellence in India's urban transit systems. This prestigious project not only reinforces our growing presence and acceptance as a major player in the Indian smart transit space but also highlights our commitment to innovation and 'Make in India' through locally manufactured solutions. The gates, validators, and payment card readers to be delivered under this project are robust, indigenously developed Aurionpro products. Following our recent success in Chennai, this win with Delhi Metro marks a significant milestone, highlighting our expanding footprint on the metro map of India and globe.' Aurionpro Solutions is a global leader in providing advanced technology solutions with a focus on banking, mobility, payments, insurance, data center services, and government sectors. On a consolidated basis, net profit of Aurionpro Solutions rose 36.04% to Rs 45.07 crore while net sales rose 31.79% to Rs 278.28 crore in Q2 September 2024 over Q2 September 2023. The scrip shed 0.03% to Rs 1,710 on the BSE. Powered by Capital Market - Live

Aurionpro Solutions announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 22 January 2025.Powered by Capital Market - Live

The transaction comprises an all-cash deal for the acquisition of the entire stake in Fenixys for a total of 10 million euros. This acquisition allows Aurionpro to continue its geographical expansion into Europe by leveraging Fenixys' experience of over 10 years in partnering with financial institutions undertaking IT transformations, as well as their deep relationships with major banks across Europe and the Middle East. Fenixys, headquartered in Paris with offices in the United Kingdom, Denmark, and the Middle East, is highly regarded for its expertise in advisory, project management, enterprise architecture, and MUREX services. With Aurionpro's existing portfolio of banking and fintech solutions, Fenixys significantly augments its offerings while continuing to provide strategic advisory and solutions for challenges in the capital markets sectors. Ashish Rai, CEO of Aurionpro, said: Aurionpro and Fenixys share a common vision towards becoming a partner of choice for global banks and financial institutions through our focus on innovation, excellence, and client success. This acquisition is not just about expanding our offering portfolio and reach, but rather it is about synergistically merging our strengths'Fenixys' extensive and deep domain expertise with Aurionpro's strong IP-led offering' to offer a unique, global portfolio of solutions for the banking and capital markets industry.' Aurionpro Solutions is a global leader in providing advanced technology solutions with a focus on banking, mobility, payments, insurance, data center services, and government sectors. On a consolidated basis, net profit of Aurionpro Solutions rose 36.04% to Rs 45.07 crore while net sales rose 31.79% to Rs 278.28 crore in Q2 September 2024 over Q2 September 2023. Powered by Capital Market - Live

The key equity benchmarks continued trade with small gains in the mid-afternoon trade. The Nifty traded above the 24,600 level. PSU bank shares declined after advancing in the previous trading session. At 14:28 IST, the barometer index, the S&P BSE Sensex, gained 56.09 points or 0.07% to 81,566.14. The Nifty 50 index added 37.20 points or 0.15% to 24,647.25. In the broader market, the S&P BSE Mid-Cap index added 0.14% and the S&P BSE Small-Cap index rose 0.36%. The market breadth was positive. On the BSE, 2,159 shares rose and 1,792 shares fell. A total of 123 shares were unchanged. Buzzing Index: The Nifty PSU Bank index fell 0.72% to 7,100.85. The index added 0.65% in the previous trading session. Indian Bank (down 1.86%), Punjab National Bank (down 1.3%), Bank of India (down 0.68%), State Bank of India (down 0.64%), Canara Bank (down 0.62%), Union Bank of India (down 0.44%), UCO Bank (down 0.37%), Bank of Maharashtra (down 0.3%), Bank of Baroda (down 0.25%) declined. On the other hand, Indian Overseas Bank (up 1.74%) ,Punjab & Sind Bank (up 0.43%) and the Central Bank of India (up 0.25%) edged higher. Numbers to Track: The yield on India's 10-year benchmark federal paper rose 1.76% to 6.823 as compared with the previous close of 6.826. In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 84.8600, compared with its close of 84.8550 during the previous trading session. MCX Gold futures for the 5 December 2024 settlement rose 0.20% to Rs 78,491. The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was up 0.09% to 106.50. The United States 10-year bond yield rose 0.19% to 4.231. In the commodities market, Brent crude for the November 2024 settlement added 18 cents or 0.25% to $72.37 a barrel. Stocks in Spotlight: Aurionpro Solutions jumped 7.52% after the company secured a deal with a major Saudi bank to modernize its corporate banking tech using iCashpro+. PNC Infratech jumped 10.06% after its subsidiary, Hathras Highways, received a provisional completion certificate for a Uttar Pradesh-based national highway project awarded by NHAI on HAM dated 7 December 2023. Inox Green Energy Services gains 0.24%. The company announced its foray into solar manufacturing through Inox Solar, a privately held entity by the promoters. Powered by Capital Market - Live

Aurionpro Solutions has secured a significant order from a major Saudi Arabian bank to modernize its corporate banking operations using the iCashpro+ platform. This strategic partnership aims to streamline banking processes, enhance digital offerings, and elevate customer experiences. This win marks Aurionpro's second major achievement in the Kingdom of Saudi Arabia (KSA)this year, solidifying its position as a leading provider of digital transaction banking solutions in the region. By aligning with Saudi Vision 2030, Aurionpro's innovative technology empowers the bank to drive economic diversification and digital innovation. Aurionpro Solutions is a global leader in providing advanced technology solutions with a focus on banking, mobility, payments, insurance, data center services, and government sectors. On a consolidated basis, net profit of Aurionpro Solutions rose 36.04% to Rs 45.07 crore while net sales rose 31.79% to Rs 278.28 crore in Q2 September 2024 over Q2 September 2023. Powered by Capital Market - Live