Tech-driven financial services firm KFin Technologies Ltd on Monday (October 27) reported a net profit of ₹93 crore for the second quarter, up 4.5% from ₹89 crore in the same period last year.
Revenue for Q2 rose 10.3% to ₹309.2 crore from ₹280.4 crore year-on-year. EBITDA increased 7.3% to ₹135.7 crore, compared to ₹126.5 crore in Q2 last year. The EBITDA margin declined slightly to 43.9% from 45.1% year-on-year.
The Board of Directors has approved the change in designation of Alok Chandra Misra from Non-Executive Nominee Director to Non-Executive Director, liable to retire by rotation. This change follows the withdrawal of his nomination by General Atlantic Singapore Fund Pte. Ltd, a promoter of the company.
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Additionally, Devang Gheewalla has been appointed as an Additional Director (Non-Executive, Nominee), liable to retire by rotation, with effect from October 27, 2025. His appointment follows a communication from Kotak Mahindra Bank Limited regarding the substitution of its Nominee Director on the company’s board.
The company has confirmed that Gheewalla is not debarred from holding the office of Director by any SEBI order or other authority. Consequently, Chetan Savla has ceased to be the Nominee Director of Kotak Mahindra Bank on KFin Technologies’ Board with effect from October 27, 2025.
Shares of Kfin Technologies Ltd ended at ₹1,169.45, up by ₹19.70, or 1.71%, on the BSE.
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