Commenting on the results and performance, Mr. Paresh Zaveri, Chairman & Managing Director of Aurionpro Solutions Ltd said:
“We are pleased with the performance of your company for the financial year 2019 with revenue growth of 25%, EBITDA growth of 39% and Net Profit growth of 60%. There has been a comprehensive growth within all business segments witnessing further growth momentum.
The increased revenue and profitability was on the back of new order wins across business verticals, cost control programmes across the organisation and operating leverage playing out.
We are confident of growing our Banking and Fintech vertical with new order wins in India and Globally with strong order book visibility for the coming Financial Year.
Increased enquires in our cyber security business in the past couple of months will be converted to orders going forward and we are hopeful of reflecting it in our revenues and profitability.
Our Smart Cities and Smart Mobility vertical has immense growth opportunities with more and more metros and smart cities project roll outs in India & Globally. Aurionpro is well poised to grab these opportunities with technical expertise and proven past records.
During the year we continued our investment in streamlining our offerings and investments in new products with an objective of increasing the scalability which will in turn grow the business with sustainable margins.
We have launched new products for KIOSK , SC soft Pte Ltd. our associated company will launch a new product “ECHO” in Stockholm Sweden in June 2019, and in Banking we have reworked our LOS platform & transaction banking for further new market growth with faster implementation cycle.
We are confident of delivering stronger and sustainable performance from each of our business vertical which has immense growth opportunities moving forward.” Read More