Outcome Of Board meeting dated 28.04.2025
Price
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Awaiting price reaction for this filing.
Veefin Solutions' Board approved audited financial results for FY25 with an unmodified (clean) opinion from auditor ADV & Associates. Standalone revenue grew ~80% YoY to ₹3,731.92 lakhs and PAT nearly doubled to ₹1,115.04 lakhs (EPS ₹4.93 vs ₹2.74). On a consolidated basis, revenue jumped over threefold to ₹7,859.76 lakhs and PAT grew ~120% to ₹1,625.92 lakhs (EPS ₹5.92 vs ₹3.60), driven by multiple acquisitions during the year including Estorifi Solutions (51%), Infini Systems (51%), Nityo Tech (100%), and Regime Tax Solutions (91%). The company also incorporated Veefin Capital (51%) and allotted 4.84 lakh shares under ESOP. Cash from operations remained positive at ₹1,073.79 lakhs (standalone) though consolidated cash position dipped due to acquisition outflows.
Strong topline and bottomline growth, especially on a consolidated basis, signals successful acquisition-led expansion and improving scale — likely positive for investor sentiment. The clean audit report and absence of any auditor change or going concern flags add credibility to the numbers.