Kfin Technologies Revenue History — Quarter by Quarter

Kfin Technologies's revenue moved from ₹219 Cr in Q3 FY24 to ₹347 Cr in Q4 FY26, a 58.4% change over 9 quarters. The table keeps each quarter linked back to the underlying earnings page.

Revenue by Quarter

Quarter	Revenue (₹ Cr)	YoY Change
Q4 FY26	₹347 Cr	+23%
Q3 FY26	₹371 Cr	+27.9%
Q2 FY26	₹309 Cr	+10.3%
Q1 FY26	₹274 Cr	+15.4%
Q4 FY25	₹283 Cr	+24%
Q3 FY25	₹290 Cr	+33%
Q2 FY25	₹280 Cr	+34%
Q4 FY24	₹228 Cr	+24.7%
Q3 FY24	₹219 Cr	+16.3%

What management said about revenue

Q4 FY26 · FY27 consolidated revenue growth 24-25%

Management expects top-line growth of 24-25% for FY27, driven by international business (60%+ organic growth) and domestic MF recovery.

Q4 FY26 · FY27 EBITDA growth 16-17%

EBITDA expected to grow 16-17% in FY27, with margins around 39-40% as cost optimization offsets Ascent drag.

Q4 FY26 · FY27 PAT growth ~10%

PAT growth expected around 10% for FY27, with potential upside if markets recover.

Q4 FY26 · International organic revenue growth 60%+

International business (ex-Ascent) expected to grow over 60% organically in FY27, driven by new large fund wins and Philippines contract execution.

Q3 FY26 · Revenue growth 15-20% for FY26

Management reiterated guidance of 15-20% revenue growth for the full year, including Ascent.

Q3 FY26 · Domestic MF revenue mix below 50% in 2 years

Target to reduce domestic MF revenue contribution to under 50% within the next couple of years via faster growth in other segments.

Q2 FY26 · AIF AUM to cross INR 2 trillion next quarter

Management expects AIF AUM to exceed INR 2 trillion by next earnings call.

Q2 FY26 · NPS fee structure moving to AUM-based basis points

Regulatory shift from fixed fee to AUM-based pricing for NPS, expected to be finalized in 3-4 weeks.

Q1 FY26 · Revenue growth of 15%+ for FY26

Management expects overall revenue growth north of 15% for the full year, driven by mutual fund AUM growth and issuer solutions momentum.

Q1 FY26 · No further yield compression in FY26

Management stated that the yield compression in Q1 (to 3.43 bps) was due to contract renewals and volume discounts; no further compression expected for the rest of the year.

Q1 FY26 · International business growth of 30%+

Management expects international and other investor solutions (ex-GBS) to continue growing at 30-35% YoY, with Essent acquisition adding further momentum.

Q4 FY25 · 18-20% top-line growth and 40-45% EBITDA margin

Management reiterated guidance for FY26, expecting revenue growth of 18-20% and EBITDA margins in the 40-45% range.