Alankit Limited has initiated services to onboard Sarpanches onto the 'Sarpanch Samvaad' mobile application, a platform for social engagement among village leaders. This move supports rural governance and digital empowerment, aligning with government projects for digital governance and rural development. The initiative aims to enhance digital literacy, improve local governance efficiency, and potentially accelerate rural development projects.
Alankit posted consolidated revenue of ₹10,770.55 lakh and net profit of ₹596.15 lakh for Q1 FY24. Standalone revenue was ₹2,722.57 lakh with net profit of ₹234.75 lakh. The company's 36th AGM is scheduled for September 23. Alankit made financial adjustments including a write-back of trade payables (₹1,080.20 lakh) and write-off of trade receivables (₹464.64 lakh). The company faces income tax demands of ₹18,498.53 lakh for assessment years 2011-12 to 2020-21, which are under appeal.