Business & Economy

KFin Tech shares zoom nearly 10% as Q3 PAT advances 35% YoY

Posted on


The shares of KFin Technologies surged 9.8% to an intraday high of Rs 1,212.70 in early trade on the BSE on Friday after the company’s profit after tax (PAT) increased by 34.9% year-on-year (YoY) to Rs 90.18 crore.

The company’s PAT margin stood at 31.1%, while revenue from operations was Rs 290 crore, reflecting a 32.6% year-over-year (YoY) increase.

In its Q3 FY25 results, KFin Technologies reported a 52.6% YoY growth in international and other investor solutions revenue, while VAS revenue increased by 61.3%.

Meanwhile, EBITDA reached Rs 98.25 crore, up 33.4% YoY, with an EBITDA margin of 45.0%. The company’s diluted earnings per share (EPS) rose by 34.2% to Rs 5.21.

Overall, the company’s AAUM grew by 42.8% YoY, compared to 39.4% for the industry, with its market share standing at 32.6%. Additionally, equity AAUM grew by 49.8% YoY, compared to 50.3% for the industry.

“Our focus on consistent growth and profitability has led to yet another quarter of resilient performance, aided by new client wins internationally and domestically across our diversified business segments. This is a milestone quarter for KFintech, as we took a giant step in our international journey by joining as the ninth global partner in BlackRock’s Aladdin Provider network, a growing community of the world’s largest asset servicers. This will enable us to strengthen our differentiated fund administration and accounting services for global large asset managers,” said Sreekanth Nadella, Managing Director and CEO, KFin Technologies.

KFin Technologies share price performance

Over the past year, KFin Technologies’ stock has increased significantly by 101.97%. In the last six months, it has seen a strong rise of 51.53%, while the three-month period has shown a positive change of 10.91%. However, the stock price declined by 21.99% over the past month, and the year-to-date (YTD) performance reflects a drop of 28.48%.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

Article by:Source:

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Exit mobile version