The rise in the KFin Technologies share price came after the company announced a healthy set of September quarter of financial year 2025 (Q2FY25) results
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Over the next 5 years, the non-domestic MF biz would account for 45%-50% of the company's overall revenue led by faster growth in the Int'l investor solutions and AIF, PMS, and PWM solutions biz.
A combined 13.22 million equity shares, representing over 7 per cent of total equity of KFintech, changed hands on the NSE and BSE during the day
The company gained significant traction in new contract sign ups in the fast-growing business lines of global fund services, alternatives and wealth, fund administration, and technology solutions.
The surge in the stock price came after the company posted a strong set of June quarter results (Q1FY25).
Financial services firm KFin Technologies on Friday reported 57 per cent jump in profit after tax (PAT) at Rs 68.07 crore for June quarter 2024-25 driven by strong performance across business segments. The company had posted a PAT of Rs 43.38 crore for the same quarter a year ago, KFin Technologies said in a statement. Revenue from operations rose 31 per cent to Rs 237.56 crore in June quarter 2024-25 from Rs 181.5 crore in the year-ago period. "Throughout the quarter, we achieved significant milestones across our diverse business segments, marked by substantial new client wins, growth, and enhanced profitability. "Notably, we gained significant traction in new contract sign ups in the fast-growing business lines of global fund services (international), alternatives and wealth solutions, fund administration solutions, and technology solutions," said Sreekanth Nadella, Managing Director and CEO, KFin Technologies. The company provides SaaS based transaction management, channel ...