Shares of KFin Technologies (KFin Tech) surged over 8 percent in intra-day deals to a new high of ₹763.40 on Tuesday, April 30, after the firm posted better-than-expected results for the March quarter of FY24 (Q4FY24).
KFin Technologies says revenue from operations surged by 25 percent to Rs 228.34 crore in the January-March quarter of the financial year (FY) 2023-24.
Domestic mutual fund investor solutions business, which contributed 69 percent to topline, increased 17 percent YoY to Rs 151.5 crore in Q3FY24, KFin Technologies said.