The announcement was made after market hours on Friday, 22 September 2023.

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.

The company's consolidated net profit rose 15.90% to Rs 43.38 crore on a 7.64% increase in sales to Rs 181.50 crore in Q1 FY24 over Q1 FY23.