Kfin Tech Q1 Results: Profit, Revenue Decline
Margin narrows to 41.5% versus 43.3% in the year-ago period.
Kfin Technologies Ltd. saw a 9.2% dip in its bottom line in the first quarter of fiscal 2026, according to an exchange filing on Thursday.
The firm's net profit fell to Rs 77.3 crore from Rs 85 crore in the previous quarter.
Kfin Tech Q1 FY26 Highlights (Consolidated, QoQ)
Net profit down 9.2% at Rs 77.3 crore versus Rs 85 crore.
Revenue down 3% at Rs 274 crore versus Rs 283 crore.
Ebitda down 6.9% at Rs 114 crore versus Rs 122 crore.
Margin narrows to 41.5% versus 43.3%.
Shares of Kfin Tech closed 2.31% lower at Rs 1,232.6 apiece on the National Stock Exchange before the announcement, compared to a 0.63% fall in the benchmark Nifty. The stock has risen 66.73% in the last 12 months but fallen 19.82% on a year-to-date basis.
Out of 17 analysts tracking the company, 11 have a 'buy' rating on the stock, two recommend 'hold' and four suggest 'sell', according to Bloomberg data. The average of 12-month analysts' price target implies a potential upside of 8.6%.
