Dolat Algotech Reports 45.9% Drop in Q1 Net Profit
Dolat Algotech, an algorithmic trading company, reported a significant decline in its Q1 financial results. Net profit fell by 45.9% to ₹388.00 million, while revenue decreased by 26.7% to ₹1.10 billion. EBITDA dropped by 40.9% to ₹650.00 million, with the EBITDA margin contracting by 13.86 percentage points to 58.77%. These results reflect challenging market conditions in the algorithmic trading sector.
29May 25
Dolat Algotech Q4 Results: EBITDA and Net Profit Decline Amid Revenue Contraction
Dolat Algotech, an algorithmic trading company, released its Q4 financial results showing a mixed performance. Revenue decreased by 21.5% year-over-year to ₹1.13 billion. EBITDA fell 25.4% to ₹686 million, with the EBITDA margin contracting to 60.21%. Consolidated net profit declined 41.7% year-over-year to ₹397 million, but showed a slight improvement from the previous quarter. Despite challenges, the company maintained an EBITDA margin above 60%.