Aplab Ltd Share Price – NSE  /  BSE

Electronics, Small Cap

Aplab announced that the company is declared L2 (2nd lowest) in a tender by a large Public Sector bank on the GeM Portal, for the supply, installation and maintenance of self-service passbook printing kiosks and is eligible for 40% of the order to the tune of Rs. 48.00 crores over 7 years. Supply of Kiosks is over 2 years and the TCO (Total Cost of Ownership) which includes maintenance, consumables etc. of the Bank is for 7 years. The total order over 7 years is expected to be about Rs. 57 crore.

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Aplab announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 23 July 2024 .

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Net profit of Aplab declined 92.19% to Rs 0.49 crore in the quarter ended March 2024 as against Rs 6.27 crore during the previous quarter ended March 2023. Sales declined 4.76% to Rs 17.61 crore in the quarter ended March 2024 as against Rs 18.49 crore during the previous quarter ended March 2023.

For the full year,net profit rose 300.00% to Rs 0.80 crore in the year ended March 2024 as against Rs 0.20 crore during the previous year ended March 2023. Sales declined 3.79% to Rs 49.54 crore in the year ended March 2024 as against Rs 51.49 crore during the previous year ended March 2023.

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Aplab has postponed the meeting of the Board of Directors which was scheduled to be held on 27 May 2024. The meeting will now be held on 30 May 2024.

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