Results - Announcements
Dolat Algotech Ltd share price ticked higher by 3.23% to Rs 65.44
Dolat Algotech Ltd's net profit plunged by 44.24% to Rs 30.03 crore, while revenue from operations nosedived 29.23% to Rs 99.36 crore in Q2FY27 over Q2FY26.
The market capitalization of Stockbroking & Allied industry group stocks on BSE stood at Rs 3.18 lakh crore, slipping 4.41%. It has inched up 4.90% over last one week and spiked sharply by 15.82% in last one month while the market capitalization of Dolat Algotech Ltd has marginally improved by 6.42% and 5.65% in the same period respectively.
Profit before tax (PBT) of Dolat Algotech Ltd stood at Rs 41.4 crore in Q2 FY27, rallying 406.73% year-on-year, and nosediving by 43.48% quarter-on-quarter. EBITDA came in at Rs 42 crore, expanding by 386.09% YoY and tanking 42.08% sequentially.
Total expenses dropped by 14.26% to Rs 57.96 crore in Q2FY27 over Q2FY26. During the quarter, employee benefits expense was at Rs 3.42 crore, surging 29.55% YoY.
For FY26, revenue from operations tumbled 23.84% to Rs 403.58 crore, while net profit witnessed a sharp fall of 40.14% to Rs 129.33 crore, compared to previous FY. EBITDA surged by 30236% to Rs 184.37 crore, and PBT tumbled by 39.53% to Rs 181.97 crore compared to previous FY.
Dolat Algotech Ltd nosedived by 15.65% in last one year, underperforming the benchmark BSE Sensex which has softened by 3.42% during the same period.