KFin Technologies posts quarterly profit of 1,003.4 million rupees, up 7.5%
Key Facts
KFin Technologies reported net profit after tax of 1,003.4 million rupees in the second quarter of fiscal 2026-2027, up 7.5% year on year, according to data reported by Business Upturn. The results cover the quarter ended September 30, 2026, not a quarter of calendar 2026. Profit growth was slower than the 30% increase in operating revenue in the first half, highlighting differing growth rates for sales and earnings during the period. Operating revenue for the six months ended September 30 was 7,583.3 million rupees. The company also reported EBITDA of 2,830.1 million rupees and net profit of 1,755.6 million rupees for the same period.
In the second quarter of the previous fiscal year, operating revenue was 3,092.3 million rupees and net profit was 933.1 million rupees, according to the company’s second-quarter fiscal 2025-2026 update. Comparing the profit figures, net profit rose from 933.1 million rupees to 1,003.4 million rupees, consistent with the reported year-on-year growth of 7.5%. For the first half, operating revenue reached 7,583.3 million rupees, up 30% year on year. These figures indicate that revenue expanded faster than quarterly net profit. The available figures did not include a detailed year-on-year comparison for first-half net profit.
International solutions and other investor solutions were among the main reported growth drivers, with segment revenue rising 157.9% year on year in the second quarter. However, the figure was affected by higher revenue from Ascent Fund Services, which grew 31.3%; segment growth was 20.9% excluding it. This detail puts the acquisition in context when assessing international growth, rather than treating the overall increase as a measure of growth excluding Ascent’s impact. The source provided no further breakdown of the respective contributions of organic growth and Ascent to segment revenue. The available figures also did not specify how much new fund additions contributed to the increase.
EBITDA was 1,610.3 million rupees in the second quarter, up 18.7% year on year. Its margin was 40.1% including Ascent, compared with 45.8% excluding it. The gap between the two margins shows the effect of including Ascent in the business mix on this metric, while the reported growth in operating profit reflects a year-on-year increase in the quarter. In the first half, the same metric was 2,830.1 million rupees. The source did not provide a first-half margin among the reported figures.
On asset management, assets under management rose 12.9% year on year to 20.3 trillion rupees in the second quarter. Revenue from non-domestic mutual funds accounted for 42.1% of total revenue, a share specifically attributable to non-domestic fund revenue. These indicators support a picture of expanding activity outside the domestic market, without meaning that 42.1% of all company revenue came from non-domestic sources. Assets under management should also not be confused with average assets under management, which are separate measures.
In the market, the company’s shares closed at 829.70 rupees on October 26, 2026, up 3.84% during the session, according to Investing.com data. The stock had fallen 5.15% in the October 23 session, before the results were announced on October 26. Closing data alone do not show whether the daily move was related to the results or other factors. The company had announced that its board would meet on October 26 to consider the unaudited results for the quarter and first half ended September 30, 2026. The announced call to discuss the results was scheduled for October 27, 2026.