Latest news with #iCashpro


Business Standard
23-07-2025
- Business
- Business Standard
Aurionpro Solutions posts PAT of Rs 51 crore in Q1; clocks EBITDA margin of 20%
Aurionpro Solutions has reported 14% increase in net profit to Rs 51 crore on a 29% rise in revenue to Rs 337 crore in Q1 FY26 as compared with Q1 FY25. As compared with Q4 FY25, the PAT is higher by 0.3% and revenue has risen by 3%. EBITDA for the period under review was Rs 68 crore, up 23% YoY and up 3% QoQ. EBITDA margin for June25 quarter stood at 20%. During the quarter, Aurionpro signed a multi-million-dollar deal with leading African bank for its digital banking platform, marking its first major win in MEA region and expanding its global footprint. The company also won a $2.5 million deal with a top Sri Lankan bank for its iCashpro platform, marking its second major win in the country within a year and strengthening its regional presence. Aurionpro secured a key Automated Fare Collection (AFC) deal with RABA in California, marking its entry into the U.S. transit market and further strengthening its global presence. It also bagged a major project to deploy EMV open-loop automated fare collection across 250 buses in Egypt, strengthening its transit presence in the Middle East. Ashish Rai, Group CEO, said: We are pleased to start FY26 with another quarter of strong and consistent growth, in line with our guided trajectory. Consolidated revenue grew by 29% year-on-year, and we continued the momentum on stepping up product R&D while maintaining our industry-leading profit margins within the guided ranges. The quarter saw a healthy addition to our order book, which now exceeds ₹1,460 crores, with strong contributions from the banking and transit segments. During the quarter, we added 16 new clients, a record for Q1 which is seasonally a slow quarter for sales, further reinforcing our strong market traction." Aurionpro Solutions provides advanced technology solutions to global clients. It focuses on sectors such as banking, mobility, payments, insurance, transit, data center services, and government sectors.


Business Standard
09-06-2025
- Business
- Business Standard
Aurionpro Solutions wins multi-year engagement from Sri Lanka's leading bank
Aurionpro Solutions announced a landmark deal win in South Asia with one of Sri Lanka's largest and most respected banks featuring in The Banker's Top 1000 World Banks list. This marks the Company's second major win in the Sri Lankan market within a year, further strengthening its regional presence. Under this multi-year engagement, valued above US$ 2.5 Million, Aurionpro will deploy its advanced iCashpro cash management and transaction banking platform. The solution to be delivered integrates advanced AI-driven enhancements from and specialized functionalities from Fintra. The scope of work encompasses licensing, implementation, and maintenance and support aligning directly with the Bank's long term digital transformation roadmap. iCashpro is a next-generation transaction banking platform that provides a comprehensive solution for full-spectrum corporate banking, delivering a superior and consistent client experience across customer segments in order to enhance time-to market, acquire improved cash visibility, and minimize expenses.


Business Standard
09-06-2025
- Business
- Business Standard
Aurionpro Solutions edges higher after winning $2.5 million deal from Sri Lanka-based bank
Aurionpro Solutions added 1.18% to Rs 1371 after the company announced that it has bagged a landmark deal with one of Sri Lanka's largest and most respected banks. Under this multi-year engagement, valued above $2.5 million, Aurionpro will deploy its advanced iCashpro cash management and transaction banking platform. The solution to be delivered integrates advanced AI-driven enhancements from and specialized functionalities from Fintra. The scope of work encompasses licensing, implementation, and maintenance and support aligning directly with the Banks long term digital transformation roadmap. Sandeep Chiber, EVP Head, APAC & MEA, at Aurionpro Solutions, said: "This marks the seventh major competitive win in the transaction banking space in Asia over the past few quarters. Our rapid market penetration and emergence as a preferred partner in Asia are attributable to the strength of our next gen iCashpro platform. Backed by advanced AI capabilities, we have engineered a future-ready transaction banking solution poised to redefine the corporate banking experience for the Banks clientele. Aurionpro Solutions is a global leader in providing advanced technology solutions. It focuses on sectors such as banking, mobility, payments, insurance, transit, data center services, and government sectors. The companys consolidated net profit increased 30.80% to Rs 50.33 crore in Q4 FY25 as compared with Rs 38.48 crore in Q4 FY24. Net sales jumped 32.44% YoY to Rs 326.95 crore in Q4 FY25.


Business Upturn
09-06-2025
- Business
- Business Upturn
Aurionpro Solutions secures major $2.5 million deal with leading Sri Lankan bank
Aurionpro Solutions Limited, a global leader in digital banking solutions, has announced a significant multi-year contract win with one of Sri Lanka's largest and most prestigious banks, featured in The Banker's Top 1000 World Banks list. This marks Aurionpro's second major success in the Sri Lankan market within the past year, underscoring the company's expanding presence in South Asia. Under this strategic agreement, valued above US$ 2.5 million, Aurionpro will implement its advanced iCashpro cash management and transaction banking platform. The deployment integrates cutting-edge AI-driven enhancements powered by and specialized financial functionalities from Fintra. This comprehensive solution covers licensing, implementation, maintenance, and ongoing support—aligned with the bank's long-term digital transformation goals. iCashpro is a next-generation corporate banking platform designed to streamline transaction banking with a focus on delivering a superior and seamless client experience. The platform enhances cash visibility, accelerates time-to-market, and reduces operational costs, providing a full-spectrum solution for corporate banking needs across diverse customer segments. Sandeep Chiber, EVP – Head, APAC & MEA, at Aurionpro Solutions, said, 'This marks the seventh major competitive win in the transaction banking space in Asia over the past few quarters. Our rapid market penetration and emergence as a preferred partner in Asia are attributable to the strength of our nextgen iCashpro platform. Backed by advanced AI capabilities, we have engineered a future-ready transaction banking solution poised to redefine the corporate banking experience for the Bank's clientele. The strong demand and accelerated digitisation across the banking sector in the region further reinforces our commitment to delivering innovative, next-generation solutions. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at