Kellton Tech Solutions Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 10, 2023 at 07:51 am EST
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Kellton Tech Solutions Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 2,405.81 million compared to INR 2,271.85 million a year ago. Revenue was INR 2,410.16 million compared to INR 2,278.5 million a year ago. Net income was INR 165.3 million compared to INR 168.34 million a year ago. Basic earnings per share from continuing operations was INR 1.78 compared to INR 1.81 a year ago. Diluted earnings per share from continuing operations was INR 1.78 compared to INR 1.81 a year ago.
For the six months, sales was INR 4,896.08 million compared to INR 4,437.41 million a year ago. Revenue was INR 4,905.28 million compared to INR 4,447.23 million a year ago. Net income was INR 319.47 million compared to INR 330.98 million a year ago. Basic earnings per share from continuing operations was INR 3.32 compared to INR 3.6 a year ago. Diluted earnings per share from continuing operations was INR 3.32 compared to INR 3.6 a year ago.
Kellton Tech Solutions Limited is an India-based digital transformation company. The Company offers services in digital transformation, enterprise resource planning and other information technology services. Its services include AI & ML, Digital Experience, Product Engineering, Data Science & Engineering, Cloud Engineering, NextGen Services and SAP Services. Its platform and products include Audit.io, Kellton4Health, Kellton4NFT, Kellton4Commerce, KLGAME, tHRive and Optima. Optima is an Internet of things (IoT)-enabled digital oilfield analytics platform for next-level operations and resource management. KLGAME is an IoT-based platform that drives engagement via personalized customer experiences. The Product Engineering services include Digital Application Development, Mobile Engineering and others. The Company serves various industries, including Insurance; healthcare; education; travel and hospitality; retail and e-commerce; banking and financial services, and others.