Hot Pursuit     15-Jun-23
KFin Tech decline after reconsidering to become depository participant
KFin Technologies fell 1.90% to Rs 357.10 after the company said that it has reconsidered to become the depository participant with National Securities Depository (NSDL).
The company has withdrawn the application which was filed in 17 October 2022.

KFin Technologies is engaged in providing service of registrar to the public issue of securities, registrar to the securities transfers, and back office operations to mutual fund houses and data processing activities.

KFin Technologies reported 12.25% jump in consolidated net profit to Rs 57 crore in Q4 FY23 as against Rs 50.8 crore in Q4 FY22. Revenue from operations rose 1.1% to Rs 183 crore in Q4 FY23 as compared with Rs 181 crore in Q4 FY22.

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  KFin Technologies consolidated net profit rises 56.92% in the June 2024 quarter
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