KFin Technologies Limited saw its shares trading at ₹1,164.70, marking a 5.49% increase on the NSE at 10.23 am today.
In the third quarter of fiscal year 2025, KFin Technologies Limited reported a strong financial performance. The company’s revenue surged by 32.6% year-on-year to ₹290.02 crore. A significant highlight was its international expansion, becoming the ninth global partner in BlackRock’s Aladdin Provider Network. Profit After Tax (PAT) also saw a substantial increase of 34.9% to ₹90.180 crore, with a healthy PAT margin of 31.1%.
The technology-driven financial services platform exhibited strong market positioning across various segments. Assets Under Management (AAUM) grew by 42.8% year-on-year, surpassing the industry’s growth of 39.4%. Internationally, the company secured full-service transfer agency deals in the Philippines and Malaysia, pushing the total international client base to 70. Domestically, KFin Technologies added 366 new corporate clients and grew its market share in NSE500 companies to 48.1%.
Managing Director Sreekanth Nadella emphasized the company’s growth, diversification, and market leadership focus. The quarter witnessed significant achievements such as winning data lake contracts from asset management firms, expanding the alternate funds portfolio to 535, and increasing the National Pension System subscriber base to 1.49 million, reflecting a 35.1% year-on-year increase.
KFin Technologies shares the news of its strong growth in Q3. The article was published on January 24, 2025.