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Allsec Technologies Ltd Q1FY24; 14% rise in Profits.

Allsec Tech is a global leader in outsourcing solutions offering future-ready, resilient business transformation services to industry heavy-weights, Fortune 100 companies, and growth-focused organizations. The services provided by the Company include data verification, processing of orders received through telephone calls, telemarketing, monitoring quality of calls of other call centers, customer services and HR and payroll processing. The Company has delivery centers at Chennai, Bengaluru and NCR.
With 4,000+ FTEs spread across 5 contact centers in the US, Philippines, and India, the company manages over 1 Million customer contacts per day, via multiple touchpoints.

Financial Results:

Allsec Technologies Ltd reported Revenues for Q1FY24 of ₹108.00 Crores up from ₹88.00 Crore year on year, a rise of 22.73%.

Total Expenses for Q1FY24 of ₹91.00 Crores up from ₹75.00 Crores year on year, a rise of 21.33%.

Consolidated Net Profit of ₹16.00 Crores up 14.29% from ₹14.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹10.35, up 15.51% from ₹8.96 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.

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