
Quarterly Result29 Apr 2025, 05:12 pm
Veefin Solutions Reports 81% YoY Growth in Net Profit for FY25
AI Summary
Veefin Solutions Limited, a company building the world’s largest Working Capital ecosystem, announced its Audited Financial Results for H2 & FY25. The company reported an 81% YoY growth in net profit for FY25. The consolidated revenue composition for FY25 is as follows: Veefin Solutions Limited (VSL) contributed 322.94 crore in domestic revenue and 14.37 crore in its export revenue. Nityo contributed 32.50 Cr, representing around 40% of the consolidated revenue. Other subsidiaries contributed to the balance of the revenue. The company made significant progress across key verticals and expanded its global footprint with new mandates from financial institutions in Africa and the Middle East.
Key Highlights
- Veefin Solutions reported an 81% YoY growth in net profit for FY25
- Veefin Solutions' consolidated revenue composition for FY25 includes 322.94 crore in domestic revenue and 14.37 crore in export revenue
- Nityo contributed around 40% of the consolidated revenue
- Veefin Solutions expanded its global footprint with new mandates from financial institutions in Africa and the Middle East
- The company made significant progress across key verticals