Kellton Tech Solutions Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 13, 2024 at 08:36 am EST
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Kellton Tech Solutions Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 2,454.44 million compared to INR 2,308.7 million a year ago. Revenue was INR 2,457.81 million compared to INR 2,313.93 million a year ago. Net income was INR 81.29 million compared to INR 165.64 million a year ago. Basic earnings per share from continuing operations was INR 0.76 compared to INR 1.79 a year ago. Diluted earnings per share from continuing operations was INR 0.76 compared to INR 1.78 a year ago.
For the nine months, sales was INR 7,350.52 million compared to INR 6,746.11 million a year ago. Revenue was INR 7,363.09 million compared to INR 6,761.15 million a year ago. Net income was INR 400.76 million compared to INR 496.62 million a year ago. Basic earnings per share from continuing operations was INR 4.08 compared to INR 5.39 a year ago. Diluted earnings per share from continuing operations was INR 4.08 compared to INR 5.38 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.