KFin Technologies Ltd, a technology-based financial services company, posted a net profit of Rs 57 crore in the fourth quarter ended 31 March 2023, up from Rs 50.8 crore in the corresponding quarter last year, showing a growth of 12.1%. .
The company reported revenue of Rs 183.1 crore in the quarter against Rs 181 crore in the same quarter last year, showing marginal growth of 1.3 per cent.
For the fiscal year 2022-23, it recorded a net profit of ₹195.74 crore (₹148.55 crore) on an income of ₹720 crore (₹639.51 crore).
“We invested in two new businesses, OneMoney and WebileApps, to seize opportunities in the account aggregator industry and consolidate our digital strengths,” said Sreekanth Nadells, CEO and CEO of KFin Technologies in a statement on Friday.