Alldigi Tech Q1 Results Revenue Hits ₹129.32 Crores with 20.29% YoY Growth

Alldigi Tech's Q1 results show important financial changes compared to previous periods. In the fiscal period ending June 2024, the Total Revenue was ₹129.32 crores, which is a 20.29% increase year-over-year (YoY) compared to ₹107.51 crores from the same quarter last year. However, it decreased slightly by 0.30% when compared to the previous quarter (QoQ) of ₹107.98 crores. The Net Income also saw significant growth, rising 102.60% YoY from ₹15.77 crores last year to ₹31.95 crores this year. This shows strong improvement in profits.

Alldigi Tech Operating Income, there was a 117.86% YoY increase, jumping from ₹17.58 crores to ₹38.30 crores. This is a strong indication that Alldigi Tech is managing its expenses well and increasing profitability. Although Selling, General, and Administrative Expenses rose by 19.71% YoY, they also grew by 4.90% QoQ, which is something to watch closely. The Diluted Normalized EPS increased by 16.57% YoY, moving from ₹10.35 to ₹12.06, showing positive growth in earnings per share. Overall, Alldigi Tech's financial performance this quarter demonstrates strong year-over-year growth, even with some fluctuations QoQ.

Here is a summary of Alldigi Tech's Q1 results for the fiscal period ending June 2024, compared to previous periods:

(All figures in crores except per share values)

Source: Here 

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Alldigi Tech Q1 Results

Alldigi Tech's financial results for the quarter ending on June 30, 2024, show important information about its performance. The company made a total income of ₹8,043 lakhs, which combines its revenue from operations and other income. The revenue from operations was ₹7,883 lakhs, while the other income contributed ₹160 lakhs. This total income is slightly lower than the previous quarter, where it was ₹8,596 lakhs. The company's expenses also increased, totaling ₹6,781 lakhs for this quarter. These expenses include employee benefits, finance costs, depreciation, and other expenses. Employee benefits made up the largest part at ₹4,862 lakhs. 

Alldigi Tech reported a profit before exceptional items and tax of ₹1,262 lakhs. When considering exceptional items, the total profit before tax reached ₹2,970 lakhs. After deducting tax expenses of ₹688 lakhs, the profit for the period was ₹2,282 lakhs, a significant increase from ₹524 lakhs in the same quarter last year. The company's earnings per share (EPS) for this quarter were ₹14.98, showing strong profitability. Overall, these results indicate that Alldigi Tech is performing well, with growth in profit compared to previous periods.

Here’s a summary of the standalone unaudited financial results for Allsec Technologies for the quarter ended June 30, 2024:

(INR in lakhs except earnings per share data) 

Alldigi Tech Financial Metrics

The Alldigi Tech table shows important financial information about the company. Its market capitalization is ₹1,546 crore, which means this is the total value of all its shares. The current stock price is ₹1,014, but it has reached a high of ₹1,252 and a low of ₹579 in the past. The price-to-earnings (P/E) ratio is 23.2, indicating how much investors are willing to pay for each rupee of earnings. The book value is ₹161, representing the company's net asset value per share. Additionally, the dividend yield is 4.47%, showing how much the company pays in dividends relative to its stock price. 

Here’s the financial data presented in a table format for easy reference:

Quarterly Results 

The Alldigi Tech table summary for the quarters of December 2023, March 2024, and June 2024 shows positive financial growth. In December 2023, the company had sales of Rs. 120 crores and a net profit of Rs. 11 crores. By March 2024, sales increased to Rs. 130 crores, and the net profit rose significantly to Rs. 21 crores. In June 2024, sales slightly decreased to Rs. 129 crores, but net profit reached its highest at Rs. 32 crores. 

Here’s the summary for the quarters Dec 2023, Mar 2024, and Jun 2024, including only the particulars:

About Alldigi Tech

Alldigi Tech is a business process outsourcing (BPO) company that provides various services to clients around the world. It offers both voice and non-voice services, which means it helps companies communicate with their customers through phone calls and online support.

One of the main services they provide is in-bound customer care, where they handle incoming calls from customers who need assistance or have questions. They also offer technology help-desk services, helping users with technical issues related to software and hardware.