Veefin Solutions reports net profit of ₹24.9 crore for H1 FY27
BSE-listed fintech firm Veefin Solutions reported a 127% increase in net profit for the first half of the 2027 fiscal year as operating revenues climbed to ₹238.8 crore.
Veefin Solutions, a fintech SaaS provider listed on the BSE SME exchange, announced a consolidated net profit of ₹24.9 crore for the first half of fiscal year 2027. This figure represents a 127% increase compared to the ₹11 crore profit recorded during the same period in the previous year.
The company’s operating revenue for the six-month period ending September 2027 reached ₹238.8 crore, more than doubling from the ₹110.4 crore reported in H1 FY26. Total income, which includes additional non-operating gains of ₹1.8 crore, amounted to ₹240.6 crore.
Financial statements indicate that total expenses rose by 109% year-on-year, reaching ₹205.3 crore. Despite rising costs, the firm maintained profitability, showing a 61% quarter-on-quarter increase in net profit to ₹15.3 crore for the second quarter of the fiscal year.
The growth follows a period of expansion for the company, which continues to operate within the digital lending and supply chain finance software sector. The results mark a sequential revenue growth of 3% compared to the second half of the preceding fiscal year.