Net loss of Kellton Tech Solutions reported to Rs 176.47 crore in the quarter ended March 2023 as against net profit of Rs 18.83 crore during the previous quarter ended March 2022. Sales rose 15.38% to Rs 242.71 crore in the quarter ended March 2023 as against Rs 210.36 crore during the previous quarter ended March 2022.

For the full year,net loss reported to Rs 126.81 crore in the year ended March 2023 as against net profit of Rs 70.45 crore during the previous year ended March 2022. Sales rose 8.86% to Rs 917.33 crore in the year ended March 2023 as against Rs 842.67 crore during the previous year ended March 2022.

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Kellton Tech Solutions will hold a meeting of the Board of Directors of the Company on 30 May 2023.

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Kellton Tech Solutions Ltd rose 3.94% today to trade at Rs 63.9. The S&P BSE IT Sector index is up 0.45% to quote at 29014.29. The index is up 7.82 % over last one month. Among the other constituents of the index, Cyient Ltd increased 2.61% and 63 Moons Technologies Ltd added 2.17% on the day. The S&P BSE IT Sector index went up 2 % over last one year compared to the 14.25% surge in benchmark SENSEX.

Kellton Tech Solutions Ltd has added 19.04% over last one month compared to 7.82% gain in S&P BSE IT Sector index and 2.79% rise in the SENSEX. On the BSE, 8243 shares were traded in the counter so far compared with average daily volumes of 75233 shares in the past one month. The stock hit a record high of Rs 79.65 on 13 Jul 2022. The stock hit a 52-week low of Rs 40.53 on 31 Mar 2023.

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Net profit of Kellton Tech Solutions declined 6.97% to Rs 16.56 crore in the quarter ended December 2022 as against Rs 17.80 crore during the previous quarter ended December 2021. Sales rose 5.30% to Rs 230.87 crore in the quarter ended December 2022 as against Rs 219.26 crore during the previous quarter ended December 2021.

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