Dolat Algotech Q3 FY24 Results Live: Profit Rises by 40.41% YoY
Dolat Algotech Q3 FY24 Results Live: Revenue Increased by 45.79% YoY & Profit Increased by 40.41% YoY
Dolat Algotech declared their Q3 FY24 results on 29 Jan, 2024. The topline increased by 45.79% & the profit increased by 40.41% YoY. As compared to the previous quarter, the revenue grew by 14.51% and the profit increased by 18.52%.
The Selling, general & administrative expenses rose by 17.25% q-o-q & increased by 59.58% Y-o-Y.
The operating income was up by 16.23% q-o-q & increased by 43.17% Y-o-Y.
The EPS is ₹2.35 for Q3 FY24 which increased by 39.88% YoY.
Dolat Algotech has delivered 11.72% return in the last 1 week, 57.07% return in the last 6 months, and 18.24% YTD return.
Currently, Dolat Algotech has a market cap of ₹1300.64 Cr and a 52wk high/low of ₹76.85 & ₹39.25 respectively.
The company has also declared an interim dividend of ₹0.1. The record date for the dividend is 09 Feb, 2024, and the ex-dividend date will be 09 Feb, 2024.
Dolat Algotech Financials
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 87.11 | 76.07 | +14.51% | 59.75 | +45.79% |
| Selling/ General/ Admin Expenses Total | 21.56 | 18.38 | +17.25% | 13.51 | +59.58% |
| Depreciation/ Amortization | 0.32 | 0.25 | +25.79% | 0.21 | +50.24% |
| Total Operating Expense | 42.15 | 37.39 | +12.73% | 28.35 | +48.68% |
| Operating Income | 44.96 | 38.69 | +16.23% | 31.4 | +43.17% |
| Net Income Before Taxes | 57.2 | 48.73 | +17.37% | 41.36 | +38.31% |
| Net Income | 41.44 | 34.97 | +18.52% | 29.52 | +40.41% |
| Diluted Normalized EPS | 2.35 | 1.99 | +18.09% | 1.68 | +39.88% |
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