Dolat Algotech announced that the Board of Directors of the Company at its meeting held on 13 May 2022, has recommended a First Interim dividend of Rs.0.25 per share (i.e.25%), subject to the approval of the shareholders.

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Net profit of Dolat Algotech declined 24.97% to Rs 47.59 crore in the quarter ended March 2022 as against Rs 63.43 crore during the previous quarter ended March 2021. Sales declined 13.22% to Rs 87.19 crore in the quarter ended March 2022 as against Rs 100.47 crore during the previous quarter ended March 2021.

For the full year,net profit rose 14.12% to Rs 167.42 crore in the year ended March 2022 as against Rs 146.71 crore during the previous year ended March 2021. Sales rose 10.48% to Rs 292.80 crore in the year ended March 2022 as against Rs 265.02 crore during the previous year ended March 2021.

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Net profit of Dolat Algotech declined 24.97% to Rs 47.59 crore in the quarter ended March 2022 as against Rs 63.43 crore during the previous quarter ended March 2021. Sales declined 38.07% to Rs 57.52 crore in the quarter ended March 2022 as against Rs 92.88 crore during the previous quarter ended March 2021.

For the full year,net profit rose 14.12% to Rs 167.42 crore in the year ended March 2022 as against Rs 146.71 crore during the previous year ended March 2021. Sales rose 16.88% to Rs 231.76 crore in the year ended March 2022 as against Rs 198.29 crore during the previous year ended March 2021.

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Dolat Algotech has fixed 24 May 2022 as record date for first interim dividend for FY 23.

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