Aurionpro achieves strong growth in FY23, with revenue growing by 31% and EBITDA expanding by 30%.

Aurionpro Solutions Limited an advanced technology solutions company that caters to the needs of Banking, Mobility, Payments, and Government sectors, has achieved strong growth in the Q4 and full year FY23, driven by market expansion and the adoption of next-generation platforms. In Q4 FY23, the company’s revenue grew by 39% YoY, and EBITDA expanded by 33% YoY. For the full year, revenue grew by 31%, and EBITDA expanded by 30%. The company’s financial performance highlights include a revenue of INR 191 crore, a significant growth of 39% on a YoY basis, and 13% on a QoQ basis. The company also achieved its revenue target of INR 659 Cr for FY23, with a growth of 31% YoY.

Aurionpro’s operational highlights include partnerships with Finastra and Webwerks, successful go-live of “IoT based Integrated Bus ticketing System” for the Uttar Pradesh State Road Transport Corporation, and the recognition of its innovative platform Aurobees. Mr. Ashish Rai, Vice-Chairman & Director, expressed satisfaction with the company’s performance and highlighted the company’s strategy to build highly differentiated global products and platforms that continue to gain traction. The company expects growth to be in the range of 30 to 35% for FY24.