ALPHA TRIBE

Alankit LimitedBoard Meeting, 22-05-2025: Outcome of Board Meeting

22-05-2025 | 07:14 pm

Alankit Limited has announced a board meeting on May 22 approving consolidated financial results for the quarter and year ended March 31, 2025. Revenue rose sharply to ₹319.44 Cr from ₹247.55 Cr, with profit before tax up to ₹30.95 Cr, aided by a ₹5.92 Cr exceptional gain from a vendor settlement. Net profit was slightly lower at ₹21.67 Cr. The company is handling a disputed tax demand of ₹187.88 Cr but remains confident in its legal stance. Strong growth was seen in E-Governance, financial services, and IT-enabled services. Standalone profit dipped to ₹11.64 Cr on ₹112.62 Cr revenue. Cash flow stays healthy, with ongoing asset investments. No dividends or fundraising plans declared.

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