Stock Report

KFin Technologies Ltd posts Rs. 61.37 crores consolidated profit in Q2 FY24

Posted On : 2023-10-20 22:34:17( TIMEZONE : IST )

Kfin Technologies Limited has reported Consolidated financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 215.272 crores during the period ended September 30, 2023 as compared to Rs. 186.819 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 61.379 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 43.375 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 3.58 for the period ended September 30, 2023 as compared to Rs. 2.51 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹215.272 crs	₹186.819 crs	15.23%
Net Profit	₹61.379 crs	₹43.375 crs	41.51%
EPS	₹3.58	₹2.51	42.63%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs.215.272 crores during the period ended September 30, 2023 as compared to Rs.182.550 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.61.379 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.47.916 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.3.58 for the period ended September 30, 2023 as compared to Rs.2.83 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹215.272 crs	₹182.550 crs	17.92%
Net Profit	₹61.379 crs	₹47.916 crs	28.10%
EPS	₹3.58	₹2.83	26.50%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.402.091 crores during the 6 Months period ended September 30, 2023 as compared to Rs.353.763 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.104.754 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.85.345 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.6.11 for the 6 Months period ended September 30, 2023 as compared to Rs.5.05 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹402.091 crs	₹353.763 crs	13.66%
Net Profit	₹104.754 crs	₹85.345 crs	22.74%
EPS	₹6.11	₹5.05	20.99%

Shares of Kfin Technologies Limited was last trading in BSE at Rs. 454.00 as compared to the previous close of Rs. 450.00. The total number of shares traded during the day was 28027 in over 1700 trades.

The stock hit an intraday high of Rs. 481.80 and intraday low of 446.00. The net turnover during the day was Rs. 12866216.00.