Mumbai July 31, 2009.
Financial Performance
* Dollar conversions are on the basis of closing rate of respective quarters.
Consolidated performance include numbers standalone and of all the subsidiaries of the
company for the quarter including Aurionpro Solutions Inc, USA; Aurionpro Solutions Pte.
Ltd, Singapore; Aurionpro Solutions SPC, Bahrain; Auroscient Outsourcing Pvt. Ltd.; E2E
Infotech Limited, U.K; E2E Infotech (India) Private Limited ; Aurionpro Solutions (HK)
Limited, Hongkong; Integro Technologies Pte. Limited, Singapore; Aurofidel Outsourcing
Limited, India; SENA Systems INC, USA in the quarter ended 30th June, 2009.
Merger of SPS Corporation & Coban Corporation into Aurionpro Solutions INC :
Two subsidiaries of the Company viz, SPS Corporation and Coban Corporation had
entered into an Agreement and Plan of merger on 24th March, 2009 to get merged with
Aurionpro Solutions Inc, USA. w.e.f. 1st April, 2009. Thus commenting on the merger,
Mr. Sheth said, “The above merger will enable us to have scale efficiencies, reduce
overheads & will have the positive impact on margins”
About Aurionpro
Aurionpro Solutions Ltd. (NSE: AURIONPRO, BSE: 532668) an ISO 9001:2000 certified
company, is headquartered in Mumbai and delivers sophisticated solutions that help
companies accelerate and automate their operations. Since 1997, the company has
created and delivered comprehensive solutions to streamline corporate banking,
treasury, risk management, governance and compliance, and more. For additional
information, visit www.aurionpro.com.
Review of Operations:
Commenting on the performance of the quarter, Mr. Sheth said “We are satisfied by the
performance of the Company in the current quarter. Our subsidiaries in US & Singapore
are gaining momentum & showing strong performance. This has boosted the confidence
of the management to continue investing in these markets”
For further information and queries please contact on;
Tel.: +91 22 6770 7700
Email: info@aurionpro.com
For Aurionpro Solutions Limited
Amit Sheth, Managing Director