aurionPro solutions reports Q4FY11 results

aurionPro solutions Ltd. (NSE: AURIONPRO, BSE: 532668), a global provider of sophisticated banking software solutions and services to the BFSI sector, today announced its operating results for the fourth quarter ended March 31, 2011.

Financial Performance

• Consolidated revenue for the year is Rs. 419.61 crore and for the quarter ended 31st March, 2011 is Rs. 108.84 crores Compared with the year ended 09-10 (Rs. 336.70 crore) and with the fourth quarter 09-10 (Rs. 102.47 crore), this represents an annualized growth rate of 24.63 % and 6.23% respectively.
• Consolidated EBIT for the year is Rs. 90.63 crore and for the quarter ended 31st March, 2011 is Rs. 20.66 crore.
• Consolidated Net Profit for the year is Rs. 50.24 crore and for the quarter ended 31st March, 2011 is Rs. 11.24 crore.
• As a result, the EPS (Diluted) for the year ended 31st March, 2011 is Rs. 33.92 compared to Rs. 33.03 (Diluted) for the year ended 31st March, 2010.

Commenting on the results, Mr. Banesh Prabhu — Chief Executive Officer & Chairman, aurionPro solutions Ltd, said, ““International projects are helping us to further improve our processes, capabilities and profit margins. Going forward, the company expects to leverage the enhanced strengths and continue the growth momentum in the coming years.”

About aurionPro solutions Ltd:
aurionPro Solutions (NSE: AURIONPRO, BSE: 532668) is a publicly traded technology company providing software and consulting services to an extensive global customer base. Headquartered in Mumbai, the company was recently recognized by Deloitte and Forbes as one of the fastest growing technology companies in India. aurionPro has demonstrated consistent growth since its inception in 1997 and currently employs more than 1200 individuals across Asia, Europe, and the United States. For more information, visit www.aurionpro.com.