General Atlantic offloads stake in KFin Tech

13 May 2025 , 03:06 PM

General Atlantic, a US-based private equity business, and others pared as much as 6.9% of their equity stake in financial services business KFin Technologies Limited via block deals.

As per reports, the sale may include approximately 1.18 Crore shares, aggregating to ₹1,209.50 Crore. 

The floor price of the transaction is fixed at ₹1,025 per share. This represents an 8.3% discount to the company’s current market price.

For the fourth quarter, the business reported a 14.30% year-on-year surge in its net profit for the quarter ended March 2025. The net profit came in at ₹85 Crore as compared to ₹74.50 Crore in the same period of previous year.

The business logged revenue from operations of ₹282.70 Crore, up by 23.80% year-on-year against ₹228.30 Crore in the previous comparable period.

The business also announced that its operational profitability improved. EBITDA registered a growth of 16.90% to ₹122.20 Crore. In the previous comparable quarter, the company posted an EBITDA of ₹104.50 Crore. 

On the other hand, EBITDA margin came in at 43.20%, marginally lower than 45.80% reported in the previous comparable quarter.

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