KFin Technologies Ltd's Q3FY25 Quarter Results
- 24 Jan 2025
Result Summary
- KFin Technologies Ltd reported a 2.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 32.8%.
- Its expenses for the quarter were up by 3.2% QoQ and 30.7% YoY.
- The net profit increased 1.0% QoQ and increased 34.9% YoY.
- The earnings per share (EPS) of KFin Technologies Ltd stood at 5.2 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 299.11 | 291.02 | 225.16 | 2.8% | 32.8% |
Total Expenses | 177.02 | 171.55 | 135.39 | 3.2% | 30.7% |
Profit Before Tax | 122.09 | 119.47 | 89.76 | 2.2% | 36.0% |
Tax | 31.91 | 30.15 | 22.62 | 5.8% | 41.1% |
Profit After Tax | 90.18 | 89.32 | 66.83 | 1.0% | 34.9% |
Earnings Per Share | 5.20 | 5.20 | 3.90 | 0.0% | 33.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
KFin Technologies Ltd is a leading provider of registry and transfer agency services in India. The company primarily operates in the financial services industry, offering a broad spectrum of services to mutual funds, corporates, and public sector institutions. KFin Technologies plays a pivotal role in facilitating seamless transactions and providing solutions that cater to the evolving needs of its clients. Although specific recent developments concerning KFin Technologies are not available in the provided data, the company is recognized for its commitment to advancing technology-driven services in the financial sector.
Revenue
In the third quarter of the fiscal year 2025, KFin Technologies Ltd reported a total income of ₹299.11 crores. This marks an increase of 2.8% from the previous quarter's income of ₹291.02 crores and a significant year-over-year growth of 32.8% compared to the third quarter of the fiscal year 2024, where the total income was ₹225.16 crores. The consistent growth in total income highlights the company's expanding operations and increasing market demand for its services within the industry.
Profitability
KFin Technologies Ltd recorded a profit before tax (PBT) of ₹122.09 crores in Q3FY25, reflecting a 2.2% increase from the preceding quarter's ₹119.47 crores and a substantial 36.0% rise year-over-year from ₹89.76 crores in Q3FY24. After tax deductions amounting to ₹31.91 crores this quarter, the company's profit after tax (PAT) stood at ₹90.18 crores, up by 1.0% from the previous quarter and 34.9% above the same quarter last year. The earnings per share (EPS) remained steady at ₹5.20 quarter-over-quarter, but showed a year-over-year growth of 33.3% from ₹3.90. These figures underline the company's ability to sustain profitability amidst growing expenses.
Operating Metrics
For the third quarter of fiscal year 2025, KFin Technologies Ltd incurred total expenses of ₹177.02 crores, marking a 3.2% increase from the ₹171.55 crores recorded in the previous quarter and a 30.7% rise on a year-over-year basis from ₹135.39 crores in Q3FY24. The tax expense also saw a 5.8% increase quarter-over-quarter and a 41.1% increase year-over-year, indicating higher tax liabilities in line with rising profits. The stable earnings per share suggests a consistent reward to shareholders, despite the fluctuations in expenses and income metrics. Although specific financial ratios such as P/E ratio, debt-to-equity ratio, and current ratio are not provided, the available data highlights a robust financial performance in the relevant period.
