KFin Technologies reports 30% revenue growth in FY25, acquires Singapore firm
The shares of KFin Technologies Limited were trading at ₹1,280.80 up by 41.60 or 3.36 per cent on the NSE today at 10.06 am as KFin Technologies Limited announced a 30.2 per cent year-on-year increase in revenue from operations to ₹10,907.5 million for the fiscal year ended March 31, 2025.
The financial services platform reported a profit after tax of ₹3,326.3 million, up 35.2 per cent compared to the previous fiscal year, with PAT margin at 30.5 per cent. The company’s board has proposed a dividend of ₹7.50 per share, subject to shareholders’ approval.KFin Technologies has entered into a definitive agreement to acquire a controlling 51 per cent stake in Ascent Fund Services (Singapore) Pte. Ltd., with plans to gain 100 per cent ownership over the next five years. This acquisition aims...