Aurionpro Solutions sets up subsidiary in Istanbul, Turkey

8 Mar 2022 , 01:49 PM

Aurionpros subsidiary SC Soft Pte. will set up SC Soft Information Technology Consultancy, based in Istanbul, Turkey to primarily focus on the smart mobility segment, particularly Automated Fare Collection (AFC) business. The subsidiary will cater to the rapidly growing markets spread across the Western Asian as well as European countries. Aurionpro said that the presence in the region will enable the company to tap into the talent pool based in the region and will catalyze expansion in the newer markets.

Sanjay Bali, CEO of SC Soft said, ?The recent trend after pandemic suggests increased traction in AFC segment across the globe. With the acquisition of controlling stake in Toshi Automatic and further integration of SC Soft with Aurionpro, we are best placed to grab opportunities in various markets. The setting up of operations in Turkey is a step in that direction which will enable us to expand our reach in European as well as Asian markets.?

Aurionpro Solutions 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.

The company reported a 108% jump in consolidated net profit to Rs 17.9 crore on a 28.2% rise in net sales to Rs 129.5 crore in Q3 FY22 over Q3 FY21.

Shares of Aurionpro Solutions were trading 0.33% lower at Rs 286 on BSE.

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