More Stories

Informist, Friday, Jul. 24, 2026

By Anand JC and Ayush Jaiswal

MUMBAI – KFin Technologies Ltd. reported a single-digit year-on-year increase in its revenue from operations and net profit for the June quarter. While net profit exceeded analysts' expectations, revenue fell short of them. The company's profit growth was much slower than that of its top line, primarily because of a strong increase in its expenses.

KFin Tech reported a net profit of INR 797.33 million in the June quarter, up almost 5% on year but down 6% on quarter. Analysts had expected the company to report a net profit of INR 754.52 million.

Its revenue for the June quarter rose 8% on year and 1% on quarter to INR 2.87 billion. This was sharply lower than analysts' expectations of INR 3.56 billion.

The company's expenses climbed 11% on year and 4% on quarter to INR 1.90 billion. Within expenses, the company reported the sharpest increases in depreciation costs and other expenses. Staff costs, which account for a little over half of its total expenses, rose 7% on year to INR 1.03 billion.

KFin Tech's earnings before interest, tax, depreciation, and amortisation were up 7% on year to INR 1.22 billion. The company's EBITDA margin contracted to 34.2% in the June quarter from 37.0% in the trailing quarter. The company's net profit margin also contracted by 227 basis points to 21.1%.

Its overall average assets under management grew 16.4% on year to INR 27.3 trillion. The company's market share in overall average assets under management stood at 32.8%, up from 32.5% in 2025-26 (Apr-Mar). The company's overall assets under management rose to $49.6 billion, up nearly fivefold on year.

KFin Tech's transaction volume surged by 17.9% on year to 159.1 million for the quarter. Its inflows from the systematic investment plan increased by 9.7% on year to INR 341.7 billion, which represents 36.2% of the market share in the June quarter.

"Revenue growth was strong, led by sustained momentum in our international business, both organic and through Ascent Fund Services, and by several new mandates from clients with AUM (assets under management) in excess of US$100 million," Sreekanth Nadella, managing director and chief executive officer of the company, said.

Friday, the company's shares closed at INR 857.75 on the National Stock Exchange, down 1.2% from the previous close. The company announced its June quarter results after market hours.  End

Edited by Saji George Titus

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

© Informist Media Pvt. Ltd. 2026. All rights reserved.