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ALLSEC TECHNOLOGIES LTD. - 532633 - Intimation Of Record Date For Final Dividend 2023-24

Intimation of Record Date for Final Dividend 2023-24
07-05-2024
Bigul

Q4FY24 Quarterly & FY24 Annual Result Announced for Allsec Technologies Ltd.

BPO/KPO company Allsec Technologies announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Customer Experience Management (CXM): Revenue for the vertical at Rs 89.1 crore is up by 29.3% YoY and 10.4% QoQ. International business revenue at Rs 65.8 crore is up by 39% YoY and 13.3% QoQ Domestic business revenue at Rs 23.3 crore is up by 8% YoY and 2.8% QoQ Margin at Rs13.3 crore is up by 77.2% YoY and up by 13.2% QoQ FTE at 4,463 is up by 9.5% YoY and down by 1.7% QoQ. Employee Experience Management (EXM): Revenue for the vertical at Rs 40.6 crore is up by 4.0% YoY and by 4.1% QoQ EXM Payroll business revenue at Rs 32.9 crore is up by 13.1% YoY and by 6.1% QoQ EXM Compliance business revenue at Rs 7.7 crore is down by 22.6% YoY & down by 3.6% QoQ Margin at Rs 15.5 crore up by 47.7% YoY and up by 18.1% QoQ FTE at 865 is up by 7.9% YoY and down by 2.7% QoQ 39.7 Lakh employee records processed, up by 10.5% YoY and flat QoQ. FY24 Financial Highlights: Customer Experience Management (CXM): Revenue for the vertical at Rs 315.4 crore is up by 23.8% YoY. International business revenue at Rs 227.7 crore is up by 30% YoY Domestic business revenue at Rs 87.7 crore is up by 10% YoY Margin at Rs 42.9 crore is up by 37.2% YoY Average FTE at 4,369 is up by 11.7% YoY. Employee Experience Management (EXM): Revenue for the vertical at Rs 154.0 crore is up by 13.5% YoY EXM Payroll business revenue at Rs 121.5 crore is up by 18 % YoY EXM Compliance business revenue at Rs 32.4 crore is down by 1.6% YoY Margin at Rs 52.5 crore up by 28.1% YoY Average FTE at 886 is up by 14.7 % YoY 154.9 Lakh Payslips processed, up by 12.6 % YTD Commenting on the results, CEO Naozer Dalal said, Pleased to share the results for Q4 & full FY24 which has been a break-out year for Allsec in all respects – significant uptick in revenue, profitability & cash generation, completion of the projects to upgrade our key platforms – SP4 & HRMS (Buzzily), new customer acquisition, mining of existing accounts & good improvement in customer Net Promoter Scores (NPS) & finally portfolio restructuring (completion of sale process of our Local level Compliances business on 30th April ’24). With this, we believe that we are well poised to capitalize on the opportunities that the market will provide us in FY25 Result PDF
07-05-2024
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