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General Atlantic likely to offload 6% stake in KFin Technologies via block dealsShares of Kfin Technologies Ltd ended at ₹1,103.30, up by ₹61.55, or 5.91%, on the BSE.By Abhishek Kothari    | Jomy Jos Pullokaran   May 8, 2025, 12:07:58 AM IST (Published)2 Min ReadPrivate equity firm General Atlantic is likely to pare its stake in financial services firm KFin Technologies Ltd by approximately 6% of the company’s total outstanding shares through block deals, sources privy to the developments told CNBC-TV18.

The sale is expected to be executed at a discount ranging between 5% and 8% of Wednesday's closing price, according to multiple people familiar with the development.

For the fourth quarter, KFin Technologies reported a 14.3% year-on-year (YoY) increase in consolidated net profit for the fourth quarter of FY25, at ₹85 crore compared to ₹74.5 crore in the corresponding quarter of the previous year. Revenue from operations rose 23.8% YoY to ₹282.7 crore, up from ₹228.3 crore in Q4 FY25.

Also Read: KFin Technologies launches KFIN KRA to streamline KYC processes

Operational profitability also improved, with EBITDA rising 16.9% to ₹122.2 crore versus ₹104.5 crore a year ago. However, the EBITDA margin stood at 43.2%, slightly lower than the 45.8% recorded in the same quarter last year, largely due to higher operating expenses.

KFin Technologies' board of directors has recommended a final dividend of ₹7.50 per share for FY24, subject to shareholder approval at the upcoming Annual General Meeting.

Shares of Kfin Technologies Ltd ended at ₹1,103.30, up by ₹61.55, or 5.91%, on the BSE.

Also Read: Kfin Tech shares surge 8% after Ascent deal; analysts say valuations attractiveContinue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsGeneral AtlanticKFin Technologiesshare market today