KFin Technologies Q4 Profit Surges 31% to Rs 74 Cr
By Rediff Money Desk, NEWDELHI Apr 29, 2024 21:45
KFin Technologies reports a 31% rise in Q4 profit to Rs 74.5 crore, driven by growth across business verticals. Revenue also surged by 25%.
New Delhi, Apr 29 (PTI) Tech-driven financial services firm KFin Technologies on Monday reported a 30.6 per cent increase in profit after tax (PAT) at Rs 74.5 crore for three months ended March 2024, driven by growth across business verticals.
In comparison, the company had posted a PAT of Rs 57 crore in the same quarter preceding fiscal, the firm said in a statement.
Revenue from operations surged by 25 per cent to Rs 228.34 crore in the January-March quarter of the financial year (FY) 2023-24, from Rs 183.13 crore in the year-ago period.
The company's board has declared a dividend of Rs 5.75 per equity share for FY24. This is subject to shareholders' approval.
For the entire financial year 2023-24 (FY24), the company's revenue from operations stood at Rs 837.53 crore, marking a jump of 16.3 per cent year-on-year and profit after tax was at Rs 246 crore in 2023-24, an increase of 26 per cent from the preceding fiscal.
In comparison, the company had posted a PAT of Rs 57 crore in the same quarter preceding fiscal, the firm said in a statement.
Revenue from operations surged by 25 per cent to Rs 228.34 crore in the January-March quarter of the financial year (FY) 2023-24, from Rs 183.13 crore in the year-ago period.
The company's board has declared a dividend of Rs 5.75 per equity share for FY24. This is subject to shareholders' approval.
For the entire financial year 2023-24 (FY24), the company's revenue from operations stood at Rs 837.53 crore, marking a jump of 16.3 per cent year-on-year and profit after tax was at Rs 246 crore in 2023-24, an increase of 26 per cent from the preceding fiscal.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- GTL Infrastructure
- 2.93 ( -4.87)
- 226206286
- IFL Enterprises
- 1.30 (+ 4.84)
- 81461564
- Vodafone Idea L
- 16.79 (+ 0.66)
- 67447398
- NCL Research
- 0.95 ( -4.04)
- 31996628
- Franklin Industries
- 3.73 (+ 3.32)
- 21511209
MORE NEWS
![Navi Mumbai...](https://im.rediff.com/80-80/money/2021/jun/10navi-mumbai-airport7.jpg)
Navi Mumbai Airport ILS Signal Testing Begins
The Airports Authority of India (AAI) has begun ILS signal testing at the...
![Air India VRS for...](https://im.rediff.com/80-80/money/2020/sep/09tata-vistara-3.jpg)
Air India VRS for Non-Flying Staff Ahead of...
Air India has announced a voluntary retirement scheme (VRS) and voluntary separation...
Fisher Groups Oppose WTO Fisheries Subsidy Talks
Small-scale fisher groups from India, Indonesia, and Bangladesh demand WTO keep...