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Alankit Ltd Q1FY24; 4% rise in Profits

Company is mainly in the business of e-Governance and e-Governance products. Company’s e-Governance Business has developed a proven track record through the successful completion of several e-Governance Projects.

Financial Results:

Alankit Ltd reported Revenues for Q1FY24 of ₹48.62 Crores up from ₹34.22 Crore year on year, a rise of 42.08%.

Total Expenses for Q1FY24 of ₹45.45 Crores up from ₹29.63 Crores year on year, a rise of 53.39%.

Consolidated Net Profit of ₹4.85 Crores up 4.3% from ₹4.65 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.21, down 32.26% from ₹0.31 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: PROJECTS
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