Interim report
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October 26, 2026 CS&G/STX/DQ2026/06 1) National Stock Exchange of India Limited Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 Scrip Symbol: KFINTECH 2) BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Scrip Code: 543720 Sub. : Outcome of Board Meeting and Submission of Standalone and Consolidated Unaudited Financial Results Ref. : Regulations 30 and 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“LODR Regulations”) Dear Sir / Madam, Further to our previous intimation bearing reference no. CS&G/STX/SQ2026/41 dated September 25, 2026, pursuant to Regulation 30 and other applicable provisions of the LODR Regulations, this is to inform that the Board of Directors of the Company at its meeting held today i.e., October 26, 202 6, has inter-alia approved the standalone and consolidated unaudited financial results of the Company for the quarter and half year ended September 30, 2026. Pursuant to Regulation 33 and other applicable provisions of the LODR Regulations, please find enclosed herewith, the standalone and consolidated unaudited financial results of the Company for the quarter and half year ended September 30, 2026, along with the limited review reports thereon issued by B S R and Co, Chartered Accountants, Statutory Auditors of the Company. The Board meeting commenced at 04:30 p.m. and concluded at 05:35 p.m. This is for your information and records. Thanking you, Yours faithfully, For KFin Technologies Limited Alpana Kundu Company Secretary and Compliance Officer ICSI Membership No.: F10191 Encl.: a/a
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B S R and Co Chartered Accountants Salarpuria Knowledge City, Orwell B Wing, 6th Floor, Unit-3, Sy No. 83/1 Plot No. 02, Raidurg Hyderabad – 500 081, India Telephone + 91 407 182 2000 Fax + 91 407 182 2399 Principal Office: 14th Floor, Central B Wing and North C Wing, Nesco IT Park 4, Nesco Center, Western Express Highway, Goregaon (East), Mumbai - 400063 Page 1 of 4 Limited Review Report on unaudited consolidated financial results of KFin Technologies Limited for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended To the Board of Directors of KFin Technologies Limited 1. We have reviewed the accompanying Statement of unaudited consolidated financial results of KFin Technologies Limited (hereinafter referred to as “the Parent”), and its subsidiaries (the Parent and its subsidiaries together referred to as “the Group”) and its share of the net loss after tax and total comprehensive loss of its joint venture for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 (“the Statement”), being submitted by the Parent pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations"). 2. This Statement, which is the responsibility of the Parent’s management and approved by the Parent’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 “ Interim Financial Reporting ” (“Ind AS 34”), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicable. 4. The Statement includes the results of the following entities: S No Name of the component Country Relationship 1 KFin Technologies (Bahrain) W.L.L. Bahrain Subsidiary 2 KFin Technologies (Malaysia) SDN. BHD. Malaysia Subsidiary 3 KFin Services Private Limited India Subsidiary 4 Hexagram Fintech Private Limited India Subsidiary 5 Hexagram Fintech SDN. BHD. Malaysia Subsidiary
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BSRa n dC o Limited Review Report (Continued) KFin Technologies Limited Page 2 of 4 6 KFin Global Technologies (IFSC) Limited India Subsidiary 7 WebileApps (India) Private Limited India Subsidiary 8 WebileApps Technology Services Private Limited India Subsidiary 9 KFin Technologies (Thailand) Limited Thailand Subsidiary 10 KFin Technologies (Singapore) Pte. Ltd Singapore Subsidiary 11 Ascent Fund Services (Singapore) Pte. Ltd. Singapore Subsidiary 12 Ascent Corporate Solutions Pte. Ltd. Singapore Subsidiary 13 Ascent Global Fintech Solutions Pte. Ltd. Singapore Subsidiary 14 Ascent GlobalOP Sdn. Bhd. Malaysia Subsidiary 15 Ascent Fund Services (Hong Kong) Limited Hong Kong Subsidiary 16 Ascent Fund Services (Shanghai) Co. Ltd. China Subsidiary 17 Ascent Fund Services (Japan) Ltd. Japan Subsidiary 18 Ascent Fund Services (Australia) Pty. Ltd. Australia Subsidiary 19 Ascent Corporate Solutions (Hong Kong) Limited Hong Kong Subsidiary 20 Ascent Fund Services (India) Private Limited India Subsidiary 21 AscentFS (Mauritius) Ltd Mauritius Subsidiary 22 AscentFS Management (Mauritius) Ltd. Mauritius Subsidiary 23 Ascent Fund Services Ltd. Abu Dhabi Subsidiary 24 Ascent FS (India) LLP India Subsidiary 25 Ascent Fund Services (USA) LLC United States of America Subsidiary 26 Ascent Fund Services (UK) Limited United Kingdom Subsidiary
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BSRa n dC o Limited Review Report (Continued) KFin Technologies Limited Page 3 of 4 27 Ascent Management Consulting Saudi Arabia Subsidiary 28 Ascent Fund Services (DIFC) Ltd. Dubai Subsidiary 29 Ascent Fund Services L.L.C Dubai Subsidiary 30 Ascent Corporate Services Cayman Limited The Cayman Islands Subsidiary 31 KFin Employee Welfare Trust India Controlled Trust 32 MFC Technologies Private Limited India Joint Venture 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of the other auditors referred to in paragraph 7 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 6. We draw attention to Note 3 of the Statement. The pre-amalgamated Company acted as the Registrar and Transfer Agent (“RTA”) of a former client (“the Client”) until 5 April 2021. The Client had a demat account with one of the Depository Participants (“DP”) for depositing its shares in escrow for the purposes of its initial public offering (“IPO”). The Parent Company subsequently identified that 1,294,489 shares were transferred by the DP, in the years 2011 and 2020, from the said escrow account of the Client to the DP’s own demat account and to a third party’s demat account through an off-market transaction, without authorisation from the Client. Based on legal advice and in good faith, the Board of Directors of the Parent Company approved the transfer of 1,294,489 shares back to the Client’s escrow account, without admission of fault. In accordance with the indemnity clause contained in the related share subscription agreement dated 28 May 2021, these amounts were recovered from such parties. Further, the dividend of INR 4.08 million received on these shares during the financial year 2021–22 was also transferred to the Client. As at 30 September 2026, the Parent Company has recognised a provision of INR 93.02 million in the statement of unaudited consolidated financial results towards potential claims by the Client, including claims relating to dividends on such shares for earlier periods. Pending final settlement of the terms with the Client, the provision has been measured at management’s best estimate. Upon conclusion of the settlement, the Parent Company intends to initiate proceedings against the concerned parties, including certain minority shareholders, to recover amounts paid or payable in connection with this matter. Our conclusion is not modified in respect of this matter.
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BSRa n dC o Limited Review Report (Continued) KFin Technologies Limited Page 4 of 4 7. We did not review the financial information of 25 Subsidiaries included in the Statement, whose financial information reflects total assets (before consolidation adjustments) of INR 11,586.51 million as at 30 September 2026 and total revenues (before consolidation adjustments) of INR 822.33 million and INR 1,626.06 million, total net loss after tax (before consolidation adjustments) of INR 18.46 million and INR 34.62 million and total comprehensive loss (before consolidation adjustments) of INR 20.19 million and INR 37.22 million, for the quarter ended 30 September 2026 and for the period from 01 April 2026 to 30 September 2026, respectively, and cash inflows (net) (before consolidation adjustments) of INR 50.50 million for the period from 01 April 2026 to 30 September 2026, as considered in the Statement. This interim financial information has been reviewed by other auditors whose reports have been furnished to us by the Parent’s management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries, is based solely on the reports of the other auditors and the procedures performed by us as stated in paragraph 3 above. Certain of these subsidiaries are located outside India whose financial information has been prepared in accordance with accounting principles generally accepted in their respective countries and which have been reviewed by other auditors under generally accepted auditing standards applicable in their respective countries. The Parent’s management has converted the financial information of such subsidiaries located outside India from accounting principles generally accepted in their respective countries to accounting principles generally accepted in India. We have reviewed these conversion adjustments made by the Parent’s management. Our conclusion in so far as it relates to the balances and affairs of such subsidiaries located outside India is based on the reports of other auditors and the conversion adjustments prepared by the management of the Parent and reviewed by us. Our conclusion is not modified in respect of this matter. For B S R and Co Chartered Accountants Firm’s Registration No.:128510W Amit Kumar Bajaj Partner Hyderabad Membership No.: 218685 26 October 2026 UDIN:26218685JTNATC7060 AMIT KUMAR BAJAJ Digitally signed by AMIT KUMAR BAJAJ Date: 2026.10.26 19:21:21 +05'30'
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(₹ in millions) For the year ended September 30, 2026 June 30, 2026 September 30, 2025 September 30, 2026 September 30, 2025 March 31, 2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) Income 1 Revenue from operations 4,017.96 3,565.36 3,092.34 7,583.32 5,832.92 13,014.93 2 Other income 82.04 103.56 107.73 185.60 208.05 424.32 Total income 4,100.00 3,668.92 3,200.07 7,768.92 6,040.97 13,439.25 3 Expenses Employee benefits expense 1,630.01 1,607.68 1,139.86 3,237.69 2,257.07 5,250.77 Finance costs 15.84 13.68 10.88 29.52 21.79 46.91 Depreciation, impairment and amortisation expense 284.08 273.06 184.05 557.14 360.44 862.56 Other expenses 777.63 737.91 595.41 1,515.54 1,080.18 2,467.48 Total expenses 2,707.56 2,632.33 1,930.20 5,339.89 3,719.48 8,627.72 4 Profit before share of loss of joint venture, exceptional items and tax (1+2-3) 1,392.44 1,036.59 1,269.87 2,429.03 2,321.49 4,811.53 5 Share of loss of joint venture (net of tax) (2.63) (2.45) (0.43) (5.08) (3.00) (7.62) 6 Profit before exceptional items and tax (4+5) 1,389.81 1,034.14 1,269.44 2,423.95 2,318.49 4,803.91 7 Exceptional items Statutory impact of new Labour Codes on Gratuity & Leave encashment - - - - - (125.94) 8 Profit before tax (6+7) 1,389.81 1,034.14 1,269.44 2,423.95 2,318.49 4,677.97 9 Tax expense Current tax 429.51 290.80 360.99 720.31 619.76 1,316.15 Deferred tax (43.12) (8.80) (24.68) (51.92) (6.97) (75.30) 386.39 282.00 336.31 668.39 612.79 1,240.85 10 Profit for the period/ year (8-9) 1,003.42 752.14 933.13 1,755.56 1,705.70 3,437.12 11 Other comprehensive income ("OCI") A. Items that will not be reclassified subsequently to statement of profit or loss Remeasurement of defined benefit plans 9.36 (20.65) (2.18) (11.29) (2.18) 14.92 Income tax relating to remeasurement of defined benefit plans (2.37) 5.20 0.55 2.83 0.55 (3.75) B. Items that will be subsequently reclassified to statement of profit or loss Exchange differences on translating financial statements of foreign operations 48.74 (13.14) 6.88 35.60 13.55 225.57 Total other comprehensive income/ (loss) for the period/ year 55.73 (28.59) 5.25 27.14 11.92 236.74 12 Total comprehensive income for the period/ year (10+11) 1,059.15 723.55 938.38 1,782.70 1,717.62 3,673.86 13 Earnings per equity share (Face value of ₹ 10 per share fully paid) in ₹* Basic 5.80 4.36 5.42 10.16 9.91 19.95 Diluted 5.78 4.34 5.38 10.12 9.83 19.81 14 Paid up equity share capital - Face value of ₹ 10 per share 1,728.72 1,728.28 1,722.63 1,728.72 1,722.63 1,725.24 15 Other equity 15,005.42 (* Not annualised for the periods) for and on behalf of the Board of Directors of KFin Technologies Limited CIN: L72400MH2017PLC444072 Sreekanth Nadella Managing Director and Chief Executive Officer DIN: 08659728 Place: Mumbai Date: October 26, 2026 KFin Technologies Limited CIN: L72400MH2017PLC444072 Registered office address: 301, The Centrium, 3rd Floor, 57, Lal Bahadur Shastri Road, Nav Pada, Kurla (West), Mumbai – 400070, Maharashtra Statement of unaudited consolidated financial results for the quarter and half-year ended September 30, 2026 Sl. No. Particulars Consolidated Quarter ended Half-year ended VENKATA SATYA NAGA SREEKANTH NADELLA Digitally signed by VENKATA SATYA NAGA SREEKANTH NADELLA Date: 2026.10.26 18:16:56 +05'30'
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Operating segments: (₹ in millions) For the year ended September 30, 2026 June 30, 2026 September 30, 2025 September 30, 2026 September 30, 2025 March 31, 2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) 1 Segment revenue Domestic mutual fund investor solutions 2,346.42 2,178.15 2,179.09 4,524.57 4,223.23 8,622.27 Issuer solutions 561.70 355.61 482.75 917.31 813.07 1,712.29 International and other investor solutions 1,109.84 1,031.60 430.50 2,141.44 796.62 2,680.37 Revenue from operations 4,017.96 3,565.36 3,092.34 7,583.32 5,832.92 13,014.93 2 Segment results Domestic mutual fund investor solutions 1,377.76 1,216.43 1,279.30 2,594.19 2,411.57 4,889.22 Issuer solutions 300.72 145.55 210.56 446.27 351.49 843.01 International and other investor solutions 48.54 31.92 100.91 80.46 153.70 256.01 Total 1,727.02 1,393.90 1,590.77 3,120.92 2,916.76 5,988.24 Unallocated (expenses)/ income (a) Unallocable expenses (403.41) (449.64) (418.18) (853.05) (784.53) (1,561.74) (b) Finance costs (15.84) (13.68) (10.88) (29.52) (21.79) (46.91) (c) Other income 82.04 103.56 107.73 185.60 208.05 424.32 Profit before exceptional item and tax 1,389.81 1,034.14 1,269.44 2,423.95 2,318.49 4,803.91 Exceptional item Statutory impact of new Labour Codes on Gratuity & Leave encashment - - - - - (125.94) Profit before tax 1,389.81 1,034.14 1,269.44 2,423.95 2,318.49 4,677.97 3 Tax expense 386.39 282.00 336.31 668.39 612.79 1,240.85 4 Profit for the period/ year 1,003.42 752.14 933.13 1,755.56 1,705.70 3,437.12 5 Segment assets Domestic mutual fund investor solutions 8,108.39 7,875.40 7,711.44 8,108.39 7,711.44 7,767.70 Issuer solutions 1,103.91 1,004.75 1,099.78 1,103.91 1,099.78 1,058.32 International and other investor solutions 13,460.59 13,070.68 2,077.68 13,460.59 2,077.68 13,751.27 Total 22,672.89 21,950.83 10,888.90 22,672.89 10,888.90 22,577.29 Unallocated 5,753.30 7,343.03 7,672.42 5,753.30 7,672.42 5,159.58 Total 28,426.19 29,293.86 18,561.32 28,426.19 18,561.32 27,736.87 6 Segment liabilities Domestic mutual fund investor solutions 713.41 662.64 530.23 713.41 530.23 525.62 Issuer solutions 128.65 137.99 122.02 128.65 122.02 92.55 International and other investor solutions 7,916.05 7,406.65 176.09 7,916.05 176.09 7,359.48 Total 8,758.11 8,207.28 828.34 8,758.11 828.34 7,977.66 Unallocated 3,425.47 3,497.06 3,101.84 3,425.47 3,101.84 3,028.55 Total 12,183.58 11,704.34 3,930.18 12,183.58 3,930.18 11,006.21 for and on behalf of the Board of Directors of KFin Technologies Limited CIN: L72400MH2017PLC444072 Sreekanth Nadella Managing Director and Chief Executive Officer DIN: 08659728 Place: Mumbai Date: October 26, 2026 (a) The Group is engaged in following operating segments: Domestic mutual fund investor solutions, Issuer solutions and International and other in vestor solutions. Based on the "Management approach" as defined in Ind AS 108 - 'Operating Segments', the Chief Operating Decision Maker ('CODM') evaluates the Group's performance and allocates resources based on an analysis of various pe rformance indicators by business segments. The accounting principles used in the preparation of the financial results are consistently applied to record revenue and expenditure in individual segments. (b) Segment result represents the profit before interest and tax earned by each segment without allocation of central administrative costs and other income. (c) As allowed under Ind AS 108 - “Operating Segments”, the segment information disclosed above is based on the consolidated financial results. Sl. No. Particulars Consolidated Quarter ended Half- year ended VENKATA SATYA NAGA SREEKANTH NADELLA Digitally signed by VENKATA SATYA NAGA SREEKANTH NADELLA Date: 2026.10.26 18:17:27 +05'30'
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KFin Technologies Limited Notes: 1. The above consolidated financial results of KFin Technologies Limited ("the Parent Company"/ "the Company"), its subsidiaries and its employee welfare trust (the Company, its subsidiaries and its employee welfare trust together referred to as "the Group") and its joint venture have been prepared in accorda nce with and comply in all material aspects with the Indian Accounting Standards (Ind AS) notified under Section 133 of the Companies Act, 2013 ("the Act") read wit h relevant rules issued there under and in terms of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requ irements) Regulations, 2015 (‘Listing Regulations’), as amended. 2. The above consolidated financial results hav e been reviewed and recommended by the Audit Committee at its meeting held on October 26, 2 026. The Board of Directors at its meeting held on October 26, 2026 have approved the above results and taken them on record. The statutory auditors have expressed an unm odified review conclusion on these results. 3. Karvy Computershare Privat e Limited (KCPL), which got amalgamated into the Parent Com pany with effect from Nove mber 17, 2018, was t he Registrar and Transfer Agent (RTA) of a past Client (“the Client” ) until April 05, 2021. The C lient had a demat account (“Escrow A ccount”) with one of the Depository Participants (“DP”) for depositing its shares in escrow for the purposes of its initial public offering. The Parent Company identified in the financi al year 2020-21 that 794,489 shares were transferred by the DP (500,000 shares in 2011 (which translated into 1,000,000 shares pursuant to a bonus issue undertaken by the Client in 2017) and 294,489 shares in 20 20) from the Escrow Account to the DP’s own demat account an d to a third party’s demat acc ount through an off-market transaction without any authorisation from the Client and without knowledge of the Parent Company. The Board of Directors of the Parent Company after considering legal advice purchased 1,294,489 shares and transferred these shares to the Escrow Account of the Client on a ‘good faith and no fault’ bas is, after reducing the amount payable upon redem ption, in future, of the Redeemable Pre ference Shares issu ed in October 2021, by ₹. 300.00 million . The dividend received on such shares by the Parent Company in the financial year 2021-22 of ₹. 4.08 million was also transferred back to the Client. Intimation letters were sent to the Client and SEBI on November 15, 2021 informing them of transfer of shares to the Client’s Escrow Account and refund of dividend to the Client. Further, the Board of Directors of the Parent Company after considering legal advice, approved payment (based on an estimatio n of potential losses that may be suffered by the Client) by the Parent Company to the Client, for the purpose of settlement of any potential claims by the Cli ent (including dividends on such shares for earlier periods). The Parent Company will initiate proceedings against the concerned parties, including ce rtain minority shareholders, for recovery of the amount paid and payable by the Parent Company to the Client in connection with this matter upon completion of final se ttlement with the Client. Considering the assessment of recoverability, the Parent Company has made a provision of ₹ 93.02 million as at September 30, 2026. Pending the final settlement of terms to be agreed with the Client, the Management has measured the provision at its best estimate. 4. During the half year ended September 30, 2026, 348,025 equity shares were allotted by the Parent Company pursuant to exercise of employee stock options.
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KFin Technologies Limited Notes (continued): 5. The statement of unaudited consolidated financial results include the results of the following: i) Parent: a) KFin Technologies Limited ii) Subsidiaries (including step-down subsidiaries): a) KFin Technologies (Bahrain) W.L.L. b) KFin Technologies (Malaysia) SDN. BHD. c) KFin Services Private Limited d) Hexagram Fintech Private Limited e) Hexagram Fintech SDN. BHD. f) KFin Global Technologies (IFSC) Limited g) WebileApps (India) Private Limited h) WebileApps Technology Services Private Limited i) KFin Technologies (Thailand) Limited j) KFin Technologies (Singapore) Pte. Ltd. (w.e.f. June 19, 2025) k) Ascent Fund Services (Singapore) Pte. Ltd. (w.e.f. October 13, 2025) l) Ascent Corporate Solutions Pte. Ltd. (w.e.f. October 13, 2025) m) Ascent Global Fintech Solutions Pte. Ltd. (w.e.f. October 13, 2025) n) Ascent GlobalOP Sdn. Bhd. (w.e.f. October 13, 2025) o) Ascent Fund Services (Hong Kong) Limited (w.e.f. October 13, 2025) p) Ascent Fund Services (Shanghai) Co. Ltd. (w.e.f. October 13, 2025) q) Ascent Fund Services (Japan) Ltd. (w.e.f. October 13, 2025) r) Ascent Fund Services (Australia) Pty. Ltd. (w.e.f. October 13, 2025) s) Ascent Corporate Solutions (Hong Kong) Limited (w.e.f. October 13, 2025) t) Ascent Fund Services (India) Private Limited (w.e.f. October 13, 2025) u) AscentFS (Mauritius) Ltd. (w.e.f. October 13, 2025) v) AscentFS Management (Mauritius) Ltd. (w.e.f. October 13, 2025) w) Ascent Fund Services Ltd. (w.e.f. October 13, 2025) x) Ascent FS (India) LLP (w.e.f. October 13, 2025) y) Ascent Fund Services (USA) LLC (w.e.f. October 13, 2025) z) Ascent Fund Services (UK) Limited (w.e.f. October 13, 2025) aa) Ascent Management Consulting (w.e.f. October 13, 2025) ab) Ascent Fund Services (DIFC) Limited (w.e.f. October 13, 2025) ac) Ascent Fund services L.L.C (w.e.f May 06, 2026) ad) Ascent Corporate Services Cayman Limited (w.e.f September 30, 2026) iii) Joint venture: a) MFC Technologies Private Limited iv) Controlled trust: a) KFin Employees Welfare Trust 6. The Parent Company's Board of Directors, at its meeting held on April 29, 2026, recommended a final dividend of ₹ 12.00 per equity share of face value ₹ 10 each for FY 2025-26. The final dividend has been approved by the Parent Company's shareholders at its Annual General Meeting held on July 22, 2026. 7. These consolidated financial results along with the review report of the statutory auditors of the Parent Company are being filed with the National Stock Exchange of India Limited (NSE) and BSE Limited and are also available on the Parent Company's website for and on behalf of the Board of Directors of KFin Technologies Limited CIN: L72400MH2017PLC444072 Sreekanth Nadella Managing Director and Chief Executive Officer DIN: 08659728 Place: Mumbai Date: October 26, 2026 VENKATA SATYA NAGA SREEKANTH NADELLA Digitally signed by VENKATA SATYA NAGA SREEKANTH NADELLA Date: 2026.10.26 18:19:28 +05'30'
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As at 30 September 2026 As at 31 March 2026 As at 30 September 2026 As at 31 March 2026 (Unaudited) (Audited) (Unaudited) (Audited) I. ASSETS (1) Non-current assets Property, plant and equipment 857.50 778.91 904.91 826.82 Capital work-in-progress 9.28 45.30 9.28 45.30 Right-of-use assets 545.45 374.86 694.88 504.30 Goodwill 5,162.56 5,162.56 13,362.23 13,272.37 Other intangible assets 1,029.31 1,167.13 2,883.33 3,131.36 Intangible assets under development 697.55 495.15 984.00 609.26 Investments accounted for using the equity method - - 26.79 6.87 Financial assets (i) Investments 4,463.25 4,156.55 10.00 - (ii) Other financial assets 192.26 170.37 205.51 194.60 Deferred tax assets (net) - - 44.28 40.09 Non-current tax assets (net) 7.37 63.57 23.66 69.59 Other non-current assets 73.54 39.83 73.54 39.83 Total non-current assets 13,038.07 12,454.23 19,222.41 18,740.39 (2) Current assets Financial assets (i) Investments 1,887.94 2,361.88 1,990.89 2,386.56 (ii) Trade receivables 2,102.76 2,080.75 2,846.58 2,694.00 (iii) Cash and cash equivalents 167.15 227.34 618.37 673.54 (iv) Bank balances other than cash and cash equivalents above 2,148.94 1,363.20 2,197.03 1,449.10 (v) Other financial assets 1,034.53 1,400.45 1,137.94 1,438.78 Other current assets 312.69 198.80 351.29 292.82 Non-current assets held for sale 61.68 61.68 61.68 61.68 Total current assets 7,715.69 7,694.10 9,203.78 8,996.48 TOTAL ASSETS 20,753.76 20,148.33 28,426.19 27,736.87 II. EQUITY AND LIABILITIES (1) Equity Equity share capital 1,728.72 1,725.24 1,728.72 1,725.24 Other equity 14,686.34 14,730.25 14,513.89 15,005.42 Total equity 16,415.06 16,455.49 16,242.61 16,730.66 (2) Non-current liabilities Financial liabilities (i) Lease liabilities 447.94 291.66 536.37 364.52 (ii) Other financial liabilities - - 6,762.81 6,306.58 Other non-current liabilities 6.81 - 6.81 - Provisions 109.70 101.87 155.68 143.14 Deferred tax liabilities (net) 1,196.67 1,233.11 1,421.93 1,469.28 1,761.12 1,626.64 8,883.60 8,283.52 (3) Current liabilities Financial liabilities (i) Lease liabilities 148.96 132.06 215.96 189.91 (ii) Trade payables - Total outstanding dues of micro enterprises and small enterprises - 1.26 0.20 1.83 - Total outstanding dues of creditors other than micro enterprises and small enterprises 812.90 674.42 946.78 774.79 (iii) Other financial liabilities 631.89 554.98 900.18 811.77 Other current liabilities 307.16 250.48 455.12 401.76 Provisions 75.00 43.36 123.53 87.08 Current tax liabilities (net) 601.67 409.64 658.21 455.55 Total current liabilities 2,577.58 2,066.20 3,299.98 2,722.69 Total Liabilities 4,338.70 3,692.84 12,183.58 11,006.21 TOTAL EQUITY AND LIABILITIES 20,753.76 20,148.33 28,426.19 27,736.87 for and on behalf of the Board of Directors of KFin Technologies Limited CIN: L72400MH2017PLC444072 Sreekanth Nadella Managing Director and Chief Executive Officer DIN: 08659728 Place: Mumbai Date: October 26, 2026 KFin Technologies Limited CIN: L72400MH2017PLC444072 Registered office address: 301, The Centrium, 3rd Floor, 57, Lal Bahadur Shastri Road, Nav Pada, Kurla (West), Mumbai – 400070, Maharashtra Statement of unaudited standalone and consolidated balance sheet (₹. in millions) Particulars Standalone Consolidated VENKATA SATYA NAGA SREEKANTH NADELLA Digitally signed by VENKATA SATYA NAGA SREEKANTH NADELLA Date: 2026.10.26 18:19:54 +05'30'
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For the half-year ended 30 September 2026 For the half-year ended 30 September 2025 For the half-year ended 30 September 2026 For the half-year ended 30 September 2025 (Unaudited) (Unaudited) (Unaudited) (Unaudited) A. Cash flows from operating activities Profit before tax 2,495.35 2,259.43 2,423.95 2,318.49 Adjustments for: Depreciation, impairment and amortisation expense 359.70 323.03 557.14 360.44 Profit on sale of intangible assets under development - (2.36) - - Loss on sale of property, plant and equipment, net 3.29 0.01 3.29 0.06 Interest income (90.85) (41.80) (96.55) (44.63) Dividend income from mutual funds measured at Fair value through profit or loss - - - (6.79) Fair value gain on investments in mutual funds measured at Fair value through profit or loss, net (78.60) (149.54) (82.57) (150.55) Interest income from unwinding of discount on deposits (2.58) (2.10) (2.70) (2.16) Liabilities no longer required written back - - (0.05) - Income on derecognition of right-of-use assets and lease liabilities (0.33) (0.11) (0.33) (0.11) Foreign exchange (gain)/ loss, net - (1.05) 7.90 (0.86) Finance costs 25.02 20.87 29.52 21.79 Charge towards credit loss allowance on trade receivables and other financial assets, net 58.25 25.57 73.00 29.04 Credit impaired receivables written-off 14.16 0.33 14.16 0.33 Advances/ deposits written-off - 0.03 - 0.03 Share of loss of joint venture, net of tax - - 5.08 3.00 Share based payment expenses 59.95 42.06 65.73 49.99 Operating profit before working capital changes 2,843.36 2,474.37 2,997.57 2,578.07 Working capital adjustments: Increase in trade receivables (94.42) (410.62) (247.59) (448.50) Increase in other current financial assets (187.54) (135.48) (208.18) (118.82) Decrease in other non-current financial assets 2.29 4.71 5.03 8.71 Increase in other assets (106.74) (67.88) (51.32) (70.41) Increase in other non current liabilities 6.81 - 6.81 - Increase in trade payables 137.22 114.64 170.41 112.08 Increase in other current financial liabilities 9.53 16.26 37.15 30.35 Increase in other non current financial liabilities - - 1.31 - Increase in other current liabilities 56.68 59.09 53.36 57.20 Increase in provisions 28.43 50.32 37.70 57.59 Cash generated from operations 2,695.62 2,105.41 2,802.25 2,206.27 Income taxes paid, net of refund received (425.32) (376.32) (468.51) (398.14) Net cash generated from operating activities (A) 2,270.30 1,729.09 2,333.74 1,808.13 B. Cash flow from investing activities Purchase of property, plant and equipment (including movement in capital work-in- progress, capital advances and capital creditors) (146.27) (191.45) (171.92) (222.39) Proceeds from sale of property, plant and equipment 1.97 0.05 2.03 0.07 Purchase of intangible assets (including intangible assets under development) (221.72) (134.15) (419.14) (212.44) Investment in subsidiaries (271.70) (20.00) - - Investment in joint venture (25.00) (3.75) (25.00) (3.75) Investments in equity shares of other companies (10.00) - (10.00) - Fixed deposits redeemed with banks 809.56 195.81 879.39 195.81 Fixed deposits placed with banks (994.74) (466.47) (1,064.85) (493.20) Investment in mutual funds (3,130.00) (1,890.00) (3,379.70) (1,890.00) Redemption of mutual funds 3,682.54 1,963.19 3,857.94 2,000.42 Interest income received 27.35 26.90 29.23 29.73 Dividend income received from mutual funds - - - 6.79 Net cash used in investing activities (B) (278.01) (519.87) (302.02) (588.96) C. Cash flows from financing activities Payment of dividend (2,073.53) (1,291.67) (2,073.53) (1,291.67) Payment of principal portion on lease liabilities (71.42) (54.94) (102.37) (69.32) Interest on lease liabilities (22.09) (17.94) (26.59) (18.85) Proceeds from exercise of employee stock options 114.56 71.00 114.56 71.00 Net cash used in financing activities (C) (2,052.48) (1,293.55) (2,087.93) (1,308.84) D. Net increase/ (decrease) in cash and cash equivalents (A+B+C) (60.19) (84.33) (56.21) (89.67) Cash and cash equivalents at the beginning of the period 227.34 155.99 673.54 309.76 Effects of movements in exchange rates on cash and cash equivalents - - 1.04 13.55 Cash and cash equivalents at the end of the period 167.15 71.66 618.37 233.64 E. Components of Cash and Cash equivalents Cash on hand - - 0.13 0.06 Balance with banks: (i) in current accounts 167.15 71.66 483.82 136.78 (ii) in deposits - - 134.42 96.80 167.15 71.66 618.37 233.64 for and on behalf of the Board of Directors of KFin Technologies Limited CIN: L72400MH2017PLC444072 Sreekanth Nadella Managing Director and Chief Executive Officer DIN: 08659728 Place: Mumbai Date: October 26, 2026 Particulars Standalone Consolidated KFin Technologies Limited CIN: L72400MH2017PLC444072 Registered office address: 301, The Centrium, 3rd Floor, 57, Lal Bahadur Shastri Road, Nav Pada, Kurla (West), Mumbai – 400070, Maharashtra Statement of unaudited standalone and consolidated statement of cash flows (₹. in millions) VENKATA SATYA NAGA SREEKANTH NADELLA Digitally signed by VENKATA SATYA NAGA SREEKANTH NADELLA Date: 2026.10.26 18:20:28 +05'30'
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B S R and Co Chartered Accountants Salarpuria Knowledge City, Orwell B Wing, 6th Floor, Unit-3, Sy No. 83/1 Plot No. 02, Raidurg Hyderabad – 500 081, India Telephone + 91 407 182 2000 Fax + 91 407 182 2399 Principal Office: 14th Floor, Central B Wing and North C Wing, Nesco IT Park 4, Nesco Center, Western Express Highway, Goregaon (East), Mumbai - 400063 Page 1 of 2 Limited Review Report on unaudited standalone financial results of KFin Technologies Limited for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended To the Board of Directors of KFin Technologies Limited 1. We have reviewed the accompanying Statement of unaudited standalone financial results of KFin Technologies Limited (hereinafter referred to as “the Company”) for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 (“the Statement”). 2. This Statement, which is the responsibility of the Company’s management and approved by its Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”). Our responsibility is to issue a report on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. We draw attention to Note 3 of the Statement. The pre-amalgamated Company acted as the Registrar and Transfer Agent (“RTA”) of a former client (“the Client”) until 5 April 2021. The Client had a demat account with one of the Depository Participants (“DP”) for depositing its shares in escrow for the purposes of its initial public offering (“IPO”). The Company subsequently identified that 1,294,489 shares were transferred by the DP, in the years 2011 and 2020, from the said escrow account of the Client to the DP’s own demat account and to a third party’s demat account through an off-market transaction, without authorisation from the Client. Based on legal advice and in good faith, the Board of Directors of the Company approved the transfer of 1,294,489 shares back to the Client’s escrow account, without admission of fault. In accordance with the indemnity clause contained in the related share subscription agreement dated 28 May 2021, these amounts were recovered from such parties. Further, the dividend of INR 4.08 million received on these shares during the financial year 2021–22 was also transferred to the Client. As at 30 September 2026, the Company has recognised a provision of INR 93.02 million in the statement of unaudited standalone financial results towards potential claims by the Client, including claims relating to dividends on such shares for earlier periods. Pending final settlement of the terms
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BSRa n dC o Limited Review Report (Continued) KFin Technologies Limited Page 2 of 2 with the Client, the provision has been measured at management’s best estimate. Upon conclusion of the settlement, the Company intends to initiate proceedings against the concerned parties, including certain minority shareholders, to recover amounts paid or payable in connection with this matter. Our conclusion is not modified in respect of this matter. For B S R and Co Chartered Accountants Firm’s Registration No.:128510W Amit Kumar Bajaj Partner Hyderabad Membership No.: 218685 26 October 2026 UDIN:26218685UNCDCT2334 AMIT KUMAR BAJAJ Digitally signed by AMIT KUMAR BAJAJ Date: 2026.10.26 19:21:49 +05'30'
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(₹ in millions) For the year ended September 30, 2026 June 30, 2026 September 30, 2025 September 30, 2026 September 30, 2025 March 31, 2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) Income 1 Revenue from operations 3,285.75 2,868.38 2,972.59 6,154.13 5,617.09 11,588.10 2 Other income 77.13 96.99 102.78 174.12 199.72 394.43 Total income 3,362.88 2,965.37 3,075.37 6,328.25 5,816.81 11,982.53 3 Expenses Employee benefits expense 1,019.22 1,033.76 993.73 2,052.98 1,963.27 3,928.54 Finance costs 13.42 11.60 10.33 25.02 20.87 41.00 Depreciation, impairment and amortisation expense 183.95 175.75 164.72 359.70 323.03 670.39 Other expenses 715.13 680.07 674.33 1,395.20 1,250.21 2,584.15 Total expenses 1,931.72 1,901.18 1,843.11 3,832.90 3,557.38 7,224.08 4 Profit before exceptional items and tax (1+2-3) 1,431.16 1,064.19 1,232.26 2,495.35 2,259.43 4,758.45 5 Exceptional items Statutory impact of new Labour Codes on Gratuity & Leave encashment - - - - - (116.34) 6 Profit before tax (4+5) 1,431.16 1,064.19 1,232.26 2,495.35 2,259.43 4,642.11 7 Tax expense Current tax 405.47 268.09 341.33 673.56 588.25 1,224.14 Deferred tax (32.44) (1.23) (19.90) (33.67) (0.62) (44.47) 373.03 266.86 321.43 639.89 587.63 1,179.67 8 Profit for the period/ year (6-7) 1,058.13 797.33 910.83 1,855.46 1,671.80 3,462.44 9 Other comprehensive income ("OCI") A. Items that will not be reclassified subsequently to statement of profit or loss Remeasurement of defined benefit plans 9.61 (20.65) (2.18) (11.04) (2.18) 11.87 Income tax relating to remeasurement of defined benefit plans (2.42) 5.20 0.55 2.78 0.55 (2.99) Total other comprehensive income/ (loss) for the period/ year 7.19 (15.45) (1.63) (8.26) (1.63) 8.88 10 Total comprehensive income for the period/ year (8+9) 1,065.32 781.88 909.20 1,847.20 1,670.17 3,471.32 11 Earnings per equity share (Face value of ₹ 10 per share fully paid) in ₹* Basic 6.12 4.62 5.29 10.74 9.71 20.10 Diluted 6.09 4.60 5.25 10.70 9.64 19.95 12 Paid up equity share capital - Face value of ₹ 10 per share 1,728.72 1,728.28 1,722.63 1,728.72 1,722.63 1,725.24 13 Other equity 14,730.25 (* Not annualised for the periods) for and on behalf of the Board of Directors of KFin Technologies Limited CIN: L72400MH2017PLC444072 Sreekanth Nadella Managing Director and Chief Executive Officer DIN: 08659728 Place: Mumbai Date: October 26, 2026 KFin Technologies Limited CIN: L72400MH2017PLC444072 Registered office address: 301, The Centrium, 3rd Floor, 57, Lal Bahadur Shastri Road, Nav Pada, Kurla (West), Mumbai – 400070, Maharashtra Statement of unaudited standalone financial results for the quarter and half-year ended September 30, 2026 Sl. No. Particulars Standalone Quarter ended Half-year ended VENKATA SATYA NAGA SREEKANTH NADELLA Digitally signed by VENKATA SATYA NAGA SREEKANTH NADELLA Date: 2026.10.26 18:20:47 +05'30'
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KFin Technologies Limited Notes: 1. The above standalone financial results of KFin Technologies Limited ("the Company") have been prepared in accordance with and comply in all mater ial aspects with the Indian Accounting Standards (Ind AS) notified under Section 133 of the Companies Act, 2 013 ("the Act") read with relevant rules issued there under and in terms of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), as amended. 2. The above standalone financial results have been reviewed and recommended by the Audit Committee at its meeting held on October 26, 2026. The Board o f Directors at its meeting held on October 26, 2026 have approved the above results and taken them on record. The statutory auditors have expressed an unmodified re view conclusion on these results. 3. Karvy Computershare Private Limited (KCPL), which got amalgamated into the Company with effect from November 17, 2018, was the Registrar and Transfer Agent (RTA) of a past Client (“the Client”) until A pril 5, 2021. The Client had a demat account (“Escrow Ac count”) with one of the Depository Participants (“D P”) for depositing its shares in escrow for the purposes of its initial public offering. The Company identified in th e financial year 2020-21 that 794,489 sha res were transferred by the DP (500,000 shares in 2011 (which translated into 1,000,000 shares pursuant to a bonus issue undertaken by the Client in 2017) and 294,489 shares in 2020) from the Escrow Account to the DP’s own demat account and to a third party’s demat account through an off-market transaction without any authorisation from the Client and without knowledge of the Company. The Board of Directors of the Company after considering legal advice purchased 1,294,489 shares and transferred th ese shares to the Escrow Account of the Client on a ‘good faith and no fault’ basis, after reducing the amount payable upon redemption, in future, of the Redeemable Pr eference Shares issued in October 2021, by ₹. 300.00 million. The dividend received on such shares by the Company in the financial year 2021-22 of ₹. 4.08 million was also transferred back to the Client. Intimation letters were sent to the Client and SEBI on November 15, 2021 informing them of transfer of shares to the Client’s Escrow Account and refund of dividend to the Client. Further, the Board of Directors of the Company after considering legal advice, approved payment (based on an estimation of potential loss es that may be suffered by the Client) by the Company to the Client, for the purpose of settlement of any potential claims by the Client (including dividends on such sh ares for earlier periods). The Company will initiate proceedings against the concerned parties, including certain minority shareholders, for recovery of the amoun t paid and payable by the Company to the Client in connection with this matter upon completion of final settlement with the Client. Considering the assessment of recoverab ility, the Company has made a provision of ₹ 93.02 million as at September 30, 2026. Pending the final settlement of terms to be agreed with the Clien t, the Management has measured the provision at its best estimate. 4. During the half year ended September 30, 2026, 348,025 equity shares were allotted by the Company pursuant to exercise of employee stock options. 5. The Company's Board of Directors, at its meetin g held on April 29, 2026, reco mmended a final dividend of ₹ 12.00 per equity share of face value ₹ 10 each for FY 2025-26. The final dividend has been approved by the Company's shareholders at its Annual General Meeting held on July 22, 2026. 6. The Company's Board of Directors, at its meeting held on September 01, 2026, has inter-alia approved the Composite Scheme of Amalgamation of WebileApps (India) Private Limited and Hexagram Fintech Private Limited, wholly-owned subsidiaries of the Company and WebileApps Technology Services Privat e Limited, step down subsidiary of the Company, with and into KFin Technologies Limited, which is subject to necessary statutory and regulatory approvals, as may be a pplicable, including sanction by the Hon’ble National Company Law Tribunal under Sections 230 and 232 of the Companies Act, 2013. On October 15, 2026, the Company has filed necessary applications in respect of the aforementioned Composite Scheme with the Hon’ble National Compan yL a w Tribunal (Mumbai branch). 7. These standalone financial results along with the review report of the statutory auditors of the Company are being filed with the National Stock Exc hange of India Limited (NSE) and BSE Limited and are also available on the Company's website. for and on behalf of the Board of Directors of KFin Technologies Limited CIN: L72400MH2017PLC444072 Sreekanth Nadella Managing Director and Chief Executive Officer DIN: 08659728 Place: Mumbai Date: October 26, 2026 VENKATA SATYA NAGA SREEKANTH NADELLA Digitally signed by VENKATA SATYA NAGA SREEKANTH NADELLA Date: 2026.10.26 18:21:09 +05'30'