Aurionpro Solutions shares jump over 15% on acquiring complete stake in Fintra Software

Aurionpro’s consolidated net profit rose by 5.04 percent YoY in Q3

Shares of Aurionpro Solutions jumped over 15 percent to Rs 1,578 per share on April 11, following the company’s announcement of acquiring Hyderabad-based Fintra Software in a move aimed at strengthening its next-generation trade finance solutions for global banks.

The company stated that it has entered into an agreement to acquire 100 percent stake in Fintra Software Private. This acquisition includes all intellectual property rights and associated resources, and is intended to boost Aurionpro’s capabilities in the Transaction Banking space.

The integration of Fintra’s solutions is expected to deliver a comprehensive, front-to-back platform for cash and trade management, further enhancing Aurionpro’s product offerings and presence in the transaction banking market, the company said.

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Aurionpro Solutions is a technology company that specialises in software platforms for Wholesale Banking, with a focus on Trade Finance, Supply Chain Finance, Escrow, and Factoring solutions.

Ashish Rai, Global CEO of Aurionpro, commented, “This acquisition marks an important step for Aurionpro as we double down on our strategic focus to create the future of Trade Finance technology and significantly expand our functional coverage in Transaction Banking. We remain committed to staying ahead of the market in meeting the dynamic demands of our clients, ensuring their corporate clients receive best-in-class services.”

On the financial front, Aurionpro’s consolidated net profit rose by 5.04 percent to Rs 47.34 crore in the third quarter of financial year 2024–25 (Q3FY25), compared to Rs 45.07 crore in the previous quarter (Q2 FY25). Net sales also saw a quarter-on-quarter increase of 10 percent, reaching Rs 306.11 crore in Q3 FY25.