Trust Pays Off—Fintech Firm Bags ₹50.5 Million Order Boost

Image Source: The Economic Times

Trust Fintech Ltd (TRUF.NS), a top technology firm, has announced the receipt of a new order worth ₹50.5 million, which strengthens its growing presence in the banking and financial services technology (BFSI) segment. The order is expected to accrue to the benefit of the company's core banking software as well as digital transformation solutions, both being the pillars of its SaaS-based business model.

1. Order Details & Strategic Relevance

Although the project description and client name are not revealed, the ₹50.5 million order would likely be for core banking software roll-out or ERP installation, both of which Trust Fintech has made a solid reputation in.
The company has delivered prior orders of similar type to public and private sector banks on robust, scalable, and cloud-capable platforms.

2. Market Snapshot & Financials

Trust Fintech shares traded at ₹71.15 on June 20, 2025, which is 2% below the previous close of ₹74.05.
Trust Fintech's market capitalization is ₹172.97 crore, while the company's 52-week high and low are ₹65.70 and ₹300.60, respectively.
Trust Fintech has witnessed consistent growth in the SaaS and IT services business, particularly in core banking, ERP, and offshore development.

3. Growth Outlook

The new deal is the result of a string of recent wins, including TrustBank CBS software deals and international collaborations in Africa and the UK.
The company continues to deepen its footprint in digital banking, AI-based analytics, and cloud-native platforms, tracking India's fintech development.

Sources: Trust Fintech, Zerodha, Moneycontrol