Integro Technologies, a subsidiary of Aurionpro Solutions today announced its partnership with Yoma Bank in Myanmar, to revolutionize their SME lending operations. Integro Technologies is a high end, pioneering provider of Lending Platforms that will deploy its cutting-edge SmartLender Commercial Loan Origination solution for the bank. By leveraging the SmartLender platform, Yoma Bank aims to achieve its business objectives in the SME credit sector. Together with Integro Technologies as the joint implementation partner, the platform will introduce a range of features. These include the integration of a scorecard-based obligor risk rating, financial spreading and analysis, automated approval process based on approval matrix, API-driven interfaces to streamline the SME lending process, robust policy exception and early warning capabilities. These enhancements will lay a solid foundation for Yoma Bank`s credit activities, ultimately leading to improved credit risk management, higher asset quality, enhanced customer experience, and reduced time-to-market. Powered by Capital Market - Live News

Fime and Aurionpro Transit, an Aurionpro subsidiary and a global leader in transit ticketing solutions, have announced a strategic collaboration to explore opportunities in the field of transit ticketing, payments, and fare collection projects worldwide.With a shared vision to revolutionize transit experiences, the collaboration aims to harness the collective expertise and resources of Fime and Aurionpro Transit to meet the dynamic needs of public transport operators and authorities worldwide. Through meticulously crafted initiatives, the partnership aspires to serve as a catalyst for change, propelling the transportation industry toward a future defined by innovation and efficiency. Central to this collaboration is the commitment to educate and empower key stakeholders within the public transport sector. Fime and Aurionpro Transit will jointly undertake initiatives aimed at enlightening industry stakeholders about the transformative potential of emerging technologies in transit ticketing and fare collection. Powered by Capital Market - Live News

Aurionpro Transit, a subsidiary of Aurionpro, facilitates the integration of its app-based and ORS ticketing solution with Google Wallet. Sanjay Bali, CEO Aurionpro Transit adds: �Being able to communicate in real-time with passengers as part of the pay-as-you-go (PAYG) experience is a huge leap forward. This project will benefit riders, giving them visibility into the savings made through PAYG. Moreover, it offers operators a pathway to develop relationships with PAYG passengers and create a real sense of membership and valued loyalty Using Google Pay for transit payments ensures a quick, seamless, and secure process. We aim to help people feel more in control of their spending and encourage use of sustainable transport.�Powered by Capital Market - Live News

Aurionpro Solutions announced that the Board of Directors of the Company at its meeting held on 14 May 2024, inter alia, have recommended the final dividend of Rs 2.5 per equity Share (i.e. 25%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Aurionpro Solutions rose 53.43% to Rs 38.48 crore in the quarter ended March 2024 as against Rs 25.08 crore during the previous quarter ended March 2023. Sales rose 29.48% to Rs 246.87 crore in the quarter ended March 2024 as against Rs 190.66 crore during the previous quarter ended March 2023.For the full year,net profit rose 44.84% to Rs 140.97 crore in the year ended March 2024 as against Rs 97.33 crore during the previous year ended March 2023. Sales rose 34.60% to Rs 887.47 crore in the year ended March 2024 as against Rs 659.33 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales246.87190.66 29 887.47659.33 35 OPM %21.3021.21 -21.8021.93 - PBDT50.4639.57 28 189.41138.17 37 PBT44.8835.23 27 168.78122.32 38 NP38.4825.08 53 140.9797.33 45 Powered by Capital Market - Live News