KFin Technologies Limited announced its financial results for the quarter ended September 30, 2024, reflecting strong growth in both revenue and profitability. The company achieved notable year-over-year (YoY) and quarter-over-quarter (QoQ) growth, driven by an increase in operational revenue.
Key Financial Highlights
- Revenue from Operations: KFin Technologies recorded revenue of ₹280.47 crore in Q2 FY25, marking a robust 34.2% YoY increase from ₹208.97 crore reported in Q2 FY24. Sequentially, the company saw an 18.0% rise in revenue from ₹237.56 crore in the previous quarter (Q1 FY25).
- Net Profit: The company posted a net profit of ₹68.07 crore for Q2 FY25, reflecting a 10.9% increase compared to ₹61.38 crore in the same quarter last year. On a QoQ basis, net profit rose by 17.9% from ₹57.38 crore in Q1 FY25.
These results underscore KFin Technologies’ consistent growth trajectory and its ability to leverage operational efficiency and market demand effectively. The company’s year-over-year and quarter-over-quarter gains highlight its resilience and focus on expanding its revenue base and profitability.