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KFin Technologies continues positive performance trend

 KFin Technologies continues positive performance trend

Hyderabad, February 14, 2023: KFin Technologies Limited announced its financial results for the quarter and nine months ended 31st December 2022 today.

Financial Highlights – Q3FY23

Financial Highlights – 9MFY23

Q3FY23 Business Highlights

Commenting on the company’s performance, Sreekanth Nadella, Managing Director and CEO, KFin Technologies Limited said, “We have closed the quarter and nine months period ended December 31, 2022, with satisfactory performance across all business segments. Despite volatile market conditions, KFin registered strong business outcomes driven by accelerated growth across our diversified businesses. The business performance validates our globally relevant asset management administrator strategy.

Our technology-led innovation & execution to address our client needs, deep product stack, and value-added solutions have helped us to add new clients across segments. As we move forward, we will leverage our differentiated strengths across local and global asset management solutions to add value to our clients, partners, and shareholders”.

“We continue to enjoy market leadership positions across a number of different parameters in our businesses” he added.

KEY FIGURE                                                                                                                                                        ₹ Million

  Q3 FY23 Q2 FY23 Q3 FY22 9M FY23 9M FY22 FY22
Revenues 1,881.3 1,792.3 1,677.5 5,368.9 4,586.6 6,395.1
EBITDA 807.0 710.7 739.5 2,142.0 2,041.1 2,878.5
EBITDA margin % 42.9% 39.7% 44.1% 39.9% 44.5% 45.0%
Profit After Tax 533.8 479.2 298.9 1,387.2 976.9 1,485.5
Profit after tax % 28.4% 26.7% 17.8% 25.8% 21.3% 23.2%
Diluted EPS (₹)* 3.15 2.83 1.85 8.20 6.34 9.36

*Not annualized

(1) Last quarter average for domestic mutual funds; (2) As on December 31, 2022, based on market capitalization; (3) As on December 31, 2022, based on no of AIFs registered with SEBI;

(4) As on December 31, 2022, based on overall subscribers’ base; (5) During Q3FY23, based on new subscriber additions

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