Veefin H1 FY27 Profit Jumps 2.3X YoY To ₹25 Cr, Revenue More Than Doubles
BSE SME-listed fintech SaaS company Veefin Solutions reported a 127% rise in its consolidated net profit to ₹24.9 Cr in H1 FY27 from ₹11 Cr in the corresponding period of the previous fiscal year. The company’s net profit also increased 9% from ₹22.8 Cr in the preceding six months.
Operating revenue more than doubled to ₹238.8 Cr in the first half of FY27 from ₹110.4 Cr a year earlier. This was also 3% higher than the ₹232.7 Cr recorded in H2 FY26.
Including other income of ₹1.8 Cr, Veefin’s total income stood at ₹240.6 Cr in H1 FY27, compared with ₹112.1 Cr a year earlier. Meanwhile, total expenses increased 109% to ₹205.3 Cr from ₹98 Cr.
For Q2 FY27, Veefin’s net profit rose 61% to ₹15.3 Cr from ₹9.5 Cr in the preceding quarter. Operating revenue increased 9% QoQ to ₹124.7 Cr from ₹114.2 Cr, while total income stood at ₹125.7 Cr.
(The story will be updated soon)
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