SUBSCRIBE NEWSLETTER
  • Change Language
  • English
  • Hindi
  • Marathi
  • Gujarati
  • Punjabi
  • Tamil
  • Telugu
  • Bengali
  • MF News KFintech records net profit of 195 crore in FY 2023

    KFintech records net profit of 195 crore in FY 2023

    The RTA has seen 27% growth in its profitability.
    Team Cafemutual May 7, 2023

    Listen to this article

    KFintech has recorded profit after tax (PAT) of Rs. 195 crore in FY 2023. The company witnessed PAT of Rs.149 crore in FY 2022 indicating a growth of 27% in terms of PAT over the last one year. 

    Overall, the company saw its revenue growing by 12.5% to reach Rs.720 crore last financial year. 

    In a press release, Sreekanth Nadella, MD and CEO, KFintech said, “FY 2023 has been a landmark year in KFintech’s journey, as we successfully listed the company on the Indian stock exchanges.”

    “We invested in two new businesses - OneMoney and WebileApps, to make major strides in the evolving ecosystem of account aggregator industry and to consolidate our digital prowess to add differentiating value to our clients, partners, and shareholders,” he added.

     

     

    Have a query or a doubt?
    Need a clarification or more information on an issue?
    Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

    Click to clap
    Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.
    0 Comment
    Be the first to comment.
    Login or Sign up to post comments.
    More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

    Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.
    Cafemutual is an independent media platform and focuses on providing knowledge and information for the benefit of finance professionals. We do not promote any particular brand or asset category.