Standalone Financial Results (Rs. in lakhs)

Income Statement for Quarter Ended June 30, 2026:

  • Revenue from Operations: ₹2,314.20
  • Other Income: ₹157.30
  • Total Income: ₹2,471.50
  • Cost for Earning Revenue: ₹112.16
  • Employee Benefits Expenses: ₹502.84
  • Finance Costs: ₹186.54
  • Depreciation & Amortization Expense: ₹356.74
  • Other Expenses: ₹416.23
  • Total Expenses: ₹1,574.51
  • Profit Before Tax: ₹896.99
  • Tax Expense: ₹223.15
  • Profit for the Period: ₹673.84

Capital Structure:

  • Paid-up Equity Share Capital (Face value ₹10 each): ₹2,553.55
  • Reserves & Surplus: Not specified for quarter

Earnings Per Share:

  • Basic EPS: ₹2.64
  • Diluted EPS: ₹2.49

Consolidated Financial Results (Rs. in lakhs)

Income Statement for Quarter Ended June 30, 2026:

  • Total Income: ₹11,459.27
  • Cost for Earning Revenue: ₹5,071.88
  • Employee Benefits Expenses: ₹2,942.69
  • Finance Costs: ₹470.16
  • Depreciation & Amortization Expense: ₹591.13
  • Other Expenses: ₹1,140.44
  • Total Expenses: ₹10,216.30
  • Profit Before Tax: ₹1,242.97
  • Tax Expense: ₹174.87 (Current Tax: ₹117.98)
  • Profit for the Period: ₹950.12
  • Profit Attributable to: Minority Interest ₹278.21, Shareholders of the company ₹671.91

Segment Reporting (Quarter Ended June 30, 2026):

  • Product Revenue: ₹2,898.79
  • Services Revenue: ₹8,498.49
  • Total Revenue: ₹11,397.28
  • Product Segment Result: ₹864.82
  • Services Segment Result: ₹786.32
  • Total Segment Result: ₹1,651.14

Consolidated Entities:

The consolidated results include Veefin Solutions Limited (Parent) and its subsidiaries: Infini Systems Limited, Estorifi Solutions Limited, GlobeTF Solutions Limited, Veefin Solutions FZCO (Dubai), Veefin Solutions Limited (Bangladesh), Veefin Capital Private Limited, Finfuze Software Private Limited, Idvee Digital Labs Private Limited, and step-down subsidiaries: Regime Tax Solutions Private Limited, Chain Fintech Solutions Limited, Nityo Tech Private Limited, White Rivers Media Solutions Private Limited, FE Ventures Private Limited.

Significant Corporate Developments

Merger Scheme:

The Board approved a Scheme of Arrangement involving the merger of subsidiaries Estorifi Solutions Limited and GlobeTF Solutions Limited (Transferor Companies) with Veefin Solutions Limited (Transferee Company). The Scheme includes reduction and cancellation of 21,00,000 equity shares held by identified promoter shareholders at nil consideration.

  • Appointed Date: April 1, 2026
  • Received No Objection Certificate from BSE Limited on April 1, 2026 (Reference: DCS/AMAL/RD/R37/004/2026-2027)
  • Received First Motion Order from NCLT dated May 13, 2026
  • Shareholder and creditor meetings held on July 16-17, 2026, where Scheme was approved
  • Currently in process of filing petition with NCLT for final sanction
  • No impact of proposed Scheme considered in current financial results

Non-Convertible Debenture Issuance:

  • August 4, 2026: Allotted 2,00,000 unrated, unlisted, secured, redeemable NCDs (Face value ₹1,000 each) aggregating ₹20,00,00,000 (Twenty Crores) to identified investors
  • August 8, 2026: Allotted 3,00,000 unrated, unlisted, secured, redeemable NCDs (Face value ₹1,000 each) aggregating ₹30,00,00,000 (Thirty Crores) to identified investor
  • Both issuances made on private placement basis pursuant to Board resolutions

ESOP Allotment:

During the quarter ended June 30, 2026, the Company allotted 95,054 equity shares of ₹10 each pursuant to exercise of Stock Options by certain employees.

Auditor's Review

ADV & Associates, Statutory Auditors, issued unqualified review reports for both standalone and consolidated financial results, stating that nothing has come to their attention that causes them to believe the statements contain any material misstatement. For consolidated results, the auditors relied on review reports of other auditors for one subsidiary representing revenues of ₹1,405.71 lakh and net profit of ₹195.07 lakh.