KFin Technologies zooms on reporting 2% rise in Q3 consolidated net profit [Finance]
AI Summary1 min read
TL;DR
KFin Technologies' stock surged after reporting a 2% increase in Q3 consolidated net profit. The company offers SaaS-based services and outsourcing solutions to asset managers globally.
Tags
Depository ServicesFinanceKFin TechnologiesQ3 earningsnet profitSaaSasset management
The company serves the mission-critical needs of asset managers with clients spanning mutual funds, AIFs (alternative investments), pension, wealth managers and corporates in India and abroad. The company provides SaaS based end-to-end transaction management, channel management, compliance solutions, data analytics and various other digital services to asset managers across segments, as well as outsourcing services for global players.