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KFINTECH Kfin Technologies News Story

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India's KFin Technologies falls after sequential revenue and profit decline

** Fintech services provider KFin Technologies KFIN.NS falls 5% after Q1 results

** Stock set for worst day in more than two months if losses hold

** Co's revenue from operations dips 3.1% q/q, while net profit after tax registers a 9.2% decline

** Q/Q sales decline in its international solutions segment and issuer solutions, which provides services to cos issuing securities

** While y/y revenue and profit metrics are up, y/y profit margin is down 46 bps

** YTD, KFIN down ~24%

(Reporting by Ananta Agarwal in Bengaluru)

((Ananta.Agarwal@thomsonreuters.com))

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