KFin Technologies Q1 results: Profit after tax jumps 57% to Rs 68 cr

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KFin Technologies Q1 results: Profit after tax jumps 57% to Rs 68 cr - Business Standard

Quick Summary:

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.

"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.

"Throughout the quarter, we achieved significant milestones across our diverse business segments, marked by substantial new client wins, growth, and enhanced profitability.