Dolat Algotech rallied 9.03% to Rs 111.15 after the company's consolidated net profit stood at Rs 68.05 crore in Q4 FY24, steeply higher than Rs 5.93 crore recorded in Q4 FY23.
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 companys 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 todays intraday session.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app