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Aurionpro Solutions Q4 Earnings Show a 23% Net Profit Increase!

17 May 20232 mins read by Angel One
Shares of this company gained 10 per cent in today’s trade.
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Aurionpro Solutions has reported results for the fourth quarter (Q4) and year ended March 31, 2023. The company has reported 91.76% rise in its net profit at Rs 14.49 crore for the quarter under review as compared to Rs 7.56 crore for the same quarter in the previous year. Total income of the company increased by 57.21% at Rs 135.35 crore for Q4FY23 as compared to Rs 86.09 crore for the corresponding quarter previous year. 

On a consolidated basis, the company has reported a 23.35% rise in its net profit at Rs 26.60 crore for the fourth quarter ended March 31, 2023 as compared to Rs 21.57 crore for the same quarter in the previous year. Total income of the company increased by 57.21% at Rs 193.63 crore for Q4FY23 as compared to Rs 140.39 crore for the corresponding quarter previous year. 

For the year ended March 31, 2023, on the consolidated basis, the company reported 34.82% rise in its net profit at Rs 101.89 crore as compared to Rs 75.57 crore for the previous year. Total income of the company increased by 30.10% at Rs 663.66 crore for the year under review as compared to Rs 510.11 crore for year ended March 31, 2022. 

 Today, the stock opened at Rs 535.05, with a high and low of Rs 581.50 and Rs 531.30. The stock closed trading at Rs 581.50, up by 10.00%. The stock has a 52-week high of Rs 581.50 and a 52-week low of Rs 221.00. 

Aurionpro Solutions Limited works in providing business solutions in the fields of transaction banking platform, customer experience (ACE Platform), smart city and smart transportation experience and cybersecurity solution. 

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