Dolat Algotech Ltd Share Price – NSE  /  BSE

Finance, Small Cap

Dolat Algotech will hold a meeting of the Board of Directors of the Company on 6 August 2024.

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Revenue from operations soared to Rs 131.99 crore in March 2024 quarter from 29.86 crore posted in corresponding quarter previous year.

Profit before tax stood at Rs 94.87 crore in fourth quarter of FY24, higher than Rs 9.97 crore reported in Q4 FY23.

On a full year basis, the company’s net profit increased 35.56% to Rs 157.75 crore on 37.35% rise in revenue from operations to Rs 331.48 crore in FY24 over FY23.

Dolat Algotech is a trading cum self-clearing member of National Stock Exchange of India and carries on the business of securities broking and securities trading.

The counter hit 52-week high of Rs 118.60 in today’s intraday session.

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Net profit of Dolat Algotech rose 1047.55% to Rs 68.05 crore in the quarter ended March 2024 as against Rs 5.93 crore during the previous quarter ended March 2023. Sales rose 342.03% to Rs 131.99 crore in the quarter ended March 2024 as against Rs 29.86 crore during the previous quarter ended March 2023.

For the full year,net profit rose 35.64% to Rs 157.33 crore in the year ended March 2024 as against Rs 115.99 crore during the previous year ended March 2023. Sales rose 37.35% to Rs 331.48 crore in the year ended March 2024 as against Rs 241.34 crore during the previous year ended March 2023.

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Dolat Algotech will hold a meeting of the Board of Directors of the Company on 26 April 2024.

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