Aurionpro Solutions Ltd. — Earnings Release 2021

Feb 5, 2021

Aurionpro Solutions Limited

Investor Release

Mumbai, February 05 2021 :

Aurionpro Solutions Limited (BSE: 532668) (NSE: AURIONPRO), announced its un-audited financial results for the Quarter ended 31[st] December,2020.

Result Highlights Q3 FY21

• Revenue

• The consolidated revenue for Q3-FY21 stood at INR. 102.03 Cr. against INR. 88.37 Cr. in the previous quarter. The Gross Margin remained at 29.30%.

• EBITDA

• EBIDTA for Q3 FY21 stood at INR. 22.38 Cr. and the EBITDA margins as against INR 16.84 Cr. YoY and INR 20.36 Cr. for previous quarter.

• PAT

• PAT for Q3 FY21 stood at INR. 8.50 Cr. which has rose significantly compared to INR 6.02 Cr. YoY and INR 6.72 Cr. for previous quarter.

Commenting on the results and performance, Mr. Paresh Zaveri, Chairman & Managing Director of Aurionpro Solutions Ltd said:

“The consolidated revenue for the Q3-FY 21 stood at INR 102.03 Cr. with EBIDTA at INR 22.38 Cr and Profit After Tax (PAT) at 8.50 Cr. The significant improvement has been witnessed in EBIDTA and PAT margins on YoY and QoQ basi. The performance on all significant parameters have improved and is touching pre-covid levels. This is a result of the strategic steps taken by the Company to contain costs and improve operational efficiencies and also focus towards IP based businesses.

Segment wise, Banking & Fintech maintained steady growth during the quarter with a healthy EBIDTA margin of 28.5%. The financial sector is showing signs of rebound after challenging phase. We are now seeing a very good traction in this segment. The Smart City and Smart Mobility segment has also witnessed a significant improvement with enhanced governmental spending which has reflected in the performance improvement on QoQ basis. This segment was severely impacted during the pandemic.

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Aurionpro Solutions Limited

The sales pipelines across all business segment are strong, additionally there is a sharp recovery in the domestic economy with all major economic indicators showing an uptick. Further, We are encouraged with the union budget for FY 22, announced by the Government of India, which seeks to enhance government spending on capex substantially, particularly in the infrastructure segment. This may provide huge boost for the smart city and smart mobility segments. The pandemic has already increased the pace of digitisation and adoption of contactless technologies. Aurionpro, with its robust offerings, is best placed to seize the immense opportunities created by the digital push. Our focus is to strengthen our capabilities, enhance operational efficiencies to take advantage of the unprecedented opportunities created for us.

About Aurionpro Solutions Limited

Aurionpro Solutions Ltd (ASL) is a global technology solutions leader that helps enterprises accelerate their digital innovation, securely and efficiently. It combines core domain expertise, thought leadership in innovation, security and leverages industry leading IP to deliver tangible business results for global corporations. Employing more than 1,000 domain and technology experts across North America and Asia, Aurionpro caters to a host of clients across BFSI, Cyber Security and Smart Cities and Smart Mobility sector across the globe.

Safe Harbor Statement

Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project characteristics, project potential and target dates for project related issues are forward-looking statements based on estimates and the anticipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertainties and are not necessarily predictive of future results. Actual results may differ materially from those anticipated in the forward-looking statements. The company assumes no obligation to update forward-looking statements to reflect

actual results changed assumptions or other factors. For further information, please contact

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CIN: L99999MH1997PLC111637 Mr. Ninad Kelkar investor@aurionpro.com www.aurionpro.com

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