Dolat Algotech Ltd, a trading cum self-clearing member of NSE India engaged in securities broking and proprietary trading, reported significantly lower profits amid sharp revenue contraction for Q2FY26.
Financial Highlights:
- Revenues fell 59.52% year-on-year to ₹58.92 crore from ₹145.56 crore, also down 46.73% QoQ from ₹110.60 crore.
- Total expenses decreased 3.22% to ₹50.75 crore from ₹52.44 crore.
- Consolidated net profit plunged 93.12% to ₹4.60 crore from ₹66.88 crore.
- Earnings per share dropped 93.14% to ₹0.26 from ₹3.79.
Trading volatility, lower market volumes, and margin compression (34.10% vs 71.61% YoY) drove the profit squeeze with operating PBDIT down sharply.
Outlook:
Dolat Algotech Ltd focuses on algo trading optimization and market recovery to stabilize earnings amid cyclical trading business challenges.
Explore the company’s past earnings and latest concall transcripts, click here to visit the AlphaStreet India News Channel.
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