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…
Fintech software company Veefin Solutions announced a substantial surge in its first-half profits for the fiscal year 2027, with net earnings multiplying by 2.3 times year-over-year. The company's consolidated net profit climbed to ₹24.9 crore in H1 FY27, compared to ₹11 crore in the same period last fiscal year. Additionally, Veefin's operating revenue more than doubled, reaching ₹238.8 crore in the first half of FY27, up from ₹110.4 crore in the previous year.
This growth also marked a 3% increase compared to the ₹232.7 crore recorded in H2 FY26. Including other income of ₹1.8 crore, Veefin's total revenue for H1 FY27 amounted to ₹240.6 crore, a significant leap from ₹112.1 crore a year earlier. Meanwhile, total expenses rose by 109%, hitting ₹205.3 crore, up from ₹98 crore.
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