 "Alankit Ltd announces results for 2016 Under IFRS")
Alankit Ltd, a part of Alankit Group and a leading e-Governance Service provider in India, has announced its first financial results for the quarter and year ended March 31, 2016 after the acquisition of business from 1st September 2015.
Highlights of the Results for quarter and year ended March 31, 2016:
• Revenue was Rs 30.26 crore for the year ended March 31, 2016, in comparison to FY15 which was Rs 3.98 crores, which is more than 6 times increase in the total revenue YoY
• Net profit was Rs 3.52 crore for the year ended March 31, 2016, in comparison to FY15 which was Rs 37 Lakhs.
• Alankit Ltd declared a dividend of 20% per share in the financial year 2015-2016 of face value Rs 2 each.
Also Read
• Annualised EPS 0.99 paise per share
Ankit Agarwal, Managing Director, Alankit Ltd says, "We are extremely happy to see our results for the financial year 2016. The revenue growth during this year reflects the solid foundation of our business and commitments towards bringing value to our investors."
Alankit Ltd's services include TIN, PAN, Aadhar Enrolment and allied service including correction/updation, Distribution agency for energy efficient products, Business Correspondent (BC), Aadhaar Seeding, National Skills Registry (NSR), National Insurance Repository (NIR), P2F (Paper to Follow), Scanning and Digitisation of Medical Records, Manpower Services, Atal Pension Yojana (APY).
