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KFin Technologies Ltd News

KFin Tech slumps 7% after block deals; General Atlantic likely seller

KFin Tech share: Reports said global private equity firm General Atlantic Singapore Fund was looking to sell 4.1 per cent stake in KFin Technologies

KFin Tech slumps 7% after block deals; General Atlantic likely seller
Updated On : 30 May 2024 | 11:29 AM IST

KFin Tech Q4 results: PAT up 31% to Rs 74 crore on growth across verticals

Tech-driven financial services firm KFin Technologies on Monday reported a 30.6 per cent increase in profit after tax (PAT) at Rs 74.5 crore for three months ended March 2024, driven by growth across business verticals. In comparison, the company had posted a PAT of Rs 57 crore in the same quarter preceding fiscal, the firm said in a statement. Revenue from operations surged by 25 per cent to Rs 228.34 crore in the January-March quarter of the financial year (FY) 2023-24, from Rs 183.13 crore in the year-ago period. The company's board has declared a dividend of Rs 5.75 per equity share for FY24. This is subject to shareholders' approval. For the entire financial year 2023-24 (FY24), the company's revenue from operations stood at Rs 837.53 crore, marking a jump of 16.3 per cent year-on-year and profit after tax was at Rs 246 crore in 2023-24, an increase of 26 per cent from the preceding fiscal.

KFin Tech Q4 results: PAT up 31% to Rs 74 crore on growth across verticals
Updated On : 29 Apr 2024 | 10:15 PM IST