KIFS Financial Services Reports 13.3% Growth in Net Profit for FY2025, Announces 30th AGM

KIFS Financial Services Limited (KFSL) has reported a 13.34% increase in net profit for the financial year 2024-25 (FY2025), despite a decline in revenue from operations. The company has also announced its 30th Annual General Meeting (AGM) scheduled for August 19, 2025.

Financial Performance

For FY2025, KFSL reported a net profit of ₹806.52 lakhs, up from ₹711.62 lakhs in the previous year. This growth came despite a 37.57% decline in revenue from operations, which stood at ₹2,911.86 lakhs compared to ₹4,663.87 lakhs in FY2024.

The company's total income for FY2025 was ₹3,315.92 lakhs, including other income of ₹404.06 lakhs. Earnings per share (EPS) increased to ₹7.46 from ₹6.58 in the previous year.

Dividend Announcement

The board of directors has proposed a final dividend of ₹1.50 per equity share (15%) for FY2025, an increase from ₹1.40 (14%) in the previous year. The dividend is subject to shareholders' approval at the upcoming AGM.

30th Annual General Meeting

KFSL has scheduled its 30th AGM for Tuesday, August 19, 2025, at 4:00 PM IST. Due to ongoing precautions, the meeting will be held through video conferencing (VC) or other audio-visual means (OAVM).

Key dates related to the AGM include:

• Cut-off date for e-voting eligibility and dividend: August 12, 2025
• Remote e-voting period: August 16-18, 2025
• Book closure dates: August 13-19, 2025 (both days inclusive)

Special Business

The AGM agenda includes special business items, notably:

1. Re-appointment of Mr. Sharvil Bharat Kumar Suthar as an Independent Director for a second term of five years, from June 29, 2025, to June 28, 2030.
2. Appointment of M/s. Prachi Bansal & Associates as Secretarial Auditors for a term of five consecutive years.

Financial Position

As of March 31, 2025, KFSL's total assets stood at ₹39,378.85 lakhs, with a net worth of ₹5,701.24 lakhs. The company maintained a strong liquidity position with cash and cash equivalents of ₹17,676.02 lakhs.

KIFS Financial Services Limited continues to operate as a non-banking financial company registered with the Reserve Bank of India, focusing on capital market products such as margin trading, loan against shares, and funding for retail investors in primary market issues.

Shareholders are encouraged to participate in the virtual AGM and exercise their voting rights through the provided e-voting facility.