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AGS Transact Technologies Ltd Q1FY24; 97% fall in Profits

AGS Transact Technologies Ltd is one of India’s leading Omni-channel payment solution providers. It is the second-largest company in India in terms of revenue from ATM managed services and also the largest deployer of POS terminals at petroleum outlets in India.

Financial Results:

AGS Transact Technologies Ltd reported Revenues for Q1FY24 of ₹371.17 Crores down from ₹417.51 Crore year on year, a fall of 11.1%.

Total Expenses for Q1FY24 of ₹378.37 Crores down from ₹399.15 Crores year on year, a fall of 5.21%.

Consolidated Net Profit of ₹0.64 Crores down 96.67% from ₹19.21 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.05, down 96.84% from ₹1.58 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: POS TERMINAL
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