Veefin Solutions Posts Strong Q3, 9M FY26 Profit Growth

29 Jan 2026 CW Team

On a standalone basis, revenue from operations stood at Rs 201.9 million for Q3 FY26 and Rs 465.7 million for the nine-month period. EBITDA for the quarter came in at Rs 117.6 million, translating into an EBITDA margin of 58.25 per cent. For the nine months ended FY26, EBITDA was Rs 243.3 million, with a margin of 52.45 per cent. Profit After Tax for Q3 FY26 was Rs 60.0 million, while nine-month PAT reached Rs 124.5 million. Diluted EPS for the nine-month period stood at Rs 4.99.

On a consolidated basis, revenue from operations for the nine months ended FY26 was Rs 2,137.8 million. EBITDA for the period stood at Rs 408.4 million, with an EBITDA margin of 19.10 per cent, while consolidated PAT was reported at Rs 159.8 million.

During the period, Veefin continued to expand its multi-product transaction-banking platform with active deployments across supply chain finance, trade finance, cash management systems, digital banking, and loan origination and management solutions. As of 9M FY26, the company had a qualified enterprise sales pipeline of around 50 deals valued at approximately USD 61 million, with nearly 78 per cent of the pipeline coming from non-SCF solutions. The pipeline spans India, South Asia, Africa, the GCC, and South-East Asia.

The company also reported steady traction in public sector bank engagements, supported by increased lender participation, deeper partner engagement, and higher live transaction throughput. Veefin further strengthened its delivery and deployment capabilities by expanding its teams across key metros and more than 20 additional locations across India.

Commenting on the performance, the management stated that the results reflect the strength of Veefin’s core platform strategy, with a continued focus on scalable adoption, disciplined execution, and long-term value creation.

Veefin Solutions Limited, a global enterprise software company focused on digital and transaction-banking platforms for banks and NBFCs, has reported a strong financial performance for the third quarter and nine months ended FY26, led by healthy margins and disciplined execution in its standalone business.On a standalone basis, revenue from operations stood at Rs 201.9 million for Q3 FY26 and Rs 465.7 million for the nine-month period. EBITDA for the quarter came in at Rs 117.6 million, translating into an EBITDA margin of 58.25 per cent. For the nine months ended FY26, EBITDA was Rs 243.3 million, with a margin of 52.45 per cent. Profit After Tax for Q3 FY26 was Rs 60.0 million, while nine-month PAT reached Rs 124.5 million. Diluted EPS for the nine-month period stood at Rs 4.99.On a consolidated basis, revenue from operations for the nine months ended FY26 was Rs 2,137.8 million. EBITDA for the period stood at Rs 408.4 million, with an EBITDA margin of 19.10 per cent, while consolidated PAT was reported at Rs 159.8 million.During the period, Veefin continued to expand its multi-product transaction-banking platform with active deployments across supply chain finance, trade finance, cash management systems, digital banking, and loan origination and management solutions. As of 9M FY26, the company had a qualified enterprise sales pipeline of around 50 deals valued at approximately USD 61 million, with nearly 78 per cent of the pipeline coming from non-SCF solutions. The pipeline spans India, South Asia, Africa, the GCC, and South-East Asia.The company also reported steady traction in public sector bank engagements, supported by increased lender participation, deeper partner engagement, and higher live transaction throughput. Veefin further strengthened its delivery and deployment capabilities by expanding its teams across key metros and more than 20 additional locations across India.Commenting on the performance, the management stated that the results reflect the strength of Veefin’s core platform strategy, with a continued focus on scalable adoption, disciplined execution, and long-term value creation.

Real Estate

28 Feb 2026

Casagrand Launches Keystone In Tiruppur

Casagrand has launched Casagrand Keystone, a gated residential development at Rakkiyapalayam, off Avinashi Road, in Tiruppur. Spread across 2.2 acres, the B+G+5 structure comprises 142 units of 2 and 3 BHK homes, supported by 48 indoor and outdoor amenities. The project is introduced at a starting price of Rs 5,199 per sq. ft. The development allocates 1.3 acres to open space, including a central park of about 24,500 sq. ft. A 6,800 sq. ft. clubhouse includes a multipurpose hall, mini theatre and indoor recreation facilities. Other amenities include a 5,100 sq. ft. swimming pool, poolside par..

Real Estate

28 Feb 2026

Premium homes account for half of India’s housing sales in 2025

Knight Frank India, in its latest report on India’s office and residential property market, has highlighted a significant shift in housing demand, with homes priced above Rs 10 million accounting for 50 per cent of total residential sales across the top eight cities in 2025. The findings underscore the growing dominance of premium housing in the country’s real estate landscape.Out of 348,247 residential units sold during the year, approximately 175,091 units were in the Rs 10 million-plus category, marking a 14 per cent year-on-year increase. The data reflects changing buyer preferences, w..

Infrastructure Energy

28 Feb 2026

Xbattery launches XB-5K energy storage system for homes, offices

Xbattery, a Hyderabad-based deep-tech company specialising in next-generation energy storage and battery management technologies, has introduced its flagship XB-5K, a scalable 5kWh energy storage system designed for homes and offices in India.The XB-5K is built on the company’s indigenously developed BharatBMS platform, described as India’s first universal high-voltage battery management system architecture aimed at reducing import dependence and improving after-sales service capabilities. The launch comes as India seeks to strengthen domestic manufacturing and address reliance on imported..