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2 min read | Updated on January 24, 2025, 14:00 IST
SUMMARY
In Q3FY25, the overall AUM for the quarter jumped 42% YoY against the industry average of 39%, and the equity AUM grew by 49% YoY, compared to the industry's 50% growth in the same period. The company holds a 32% market share.
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Kfin Technologies share price jumps 13% on robust Q3FY25 results; check details | Image source: Shutterstock
The company reported a 38.34% rise in net profit to ₹ 91.04 crore for Q3FY25, compared to ₹65.81 crore for the same quarter in the previous year. The company's total income increased by 34.21% to ₹290.94 crore for Q3FY25, compared to ₹216.78 crore for the corresponding quarter in the previous year. This was largely due to International and other investor solutions revenue going up 52.6% YoY, and VAS revenue going up by 61.3% YoY.
On the operational front, EBITDA for the quarter was 33.4% YoY at ₹130 crore, compared to ₹97 crore in the previous year's similar quarter. The EBITDA margins also remained strong at 45% for the quarter.
The overall AUM for the quarter jumped 42% YoY against the industry average of 39%, and the equity AUM grew by 49% YoY, compared to the industry's 50% growth in the same period. The company holds a 32% market share.
Mr Sreekanth Nadella, Managing Director and CEO of KFin Technologies Limited said, “Our focus on consistent growth and profitability has led to yet another quarter of resilient performance, aided by new client wins internationally and domestically, across our diversified business segments. This is a milestone quarter for KFintech, as we took a giant step in our international journey by joining as the ninth global partner to BlackRock’s Aladdin Provider network, a growing community of the world’s largest asset servicers.
On a consolidated basis, the company reported a 34.94% rise in its net profit to ₹90.18 crore for the quarter ended December 31, 2024, compared to ₹66.83 crore for the same quarter in the previous year. The company's total income increased by 32.84% to ₹299.11 crore for Q3FY25, compared to ₹225.16 crore for the corresponding quarter last year.
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