Saven Technologies Ltd — Others, 22-08-2025: Others

Saven Technologies has released its Annual Report for the past financial year, reporting an 8.63% increase in revenue from operations to 14.30 Cr. Net profit also grew to 2.59 Cr, and an interim dividend of ₹1.50 per share was announced. The company is actively developing a new software kit for fintech, investing 1.80 Cr in this initiative. Significant opportunities are emerging in the Indian fintech sector, buoyed by relaxed banking partnership rules. However, the company notes a volatile US offshore market and increased client internalization of development as ongoing challenges. Board leadership transitioned with Mr. Rajagopal Ravi as Chairman and Mr. Murty Gudipati as MD & CEO.