Net profit of Advait Infratech rose 106.57% to Rs 7.23 crore in the quarter ended March 2024 as against Rs 3.50 crore during the previous quarter ended March 2023. Sales rose 46.18% to Rs 59.73 crore in the quarter ended March 2024 as against Rs 40.86 crore during the previous quarter ended March 2023.For the full year,net profit rose 159.24% to Rs 21.88 crore in the year ended March 2024 as against Rs 8.44 crore during the previous year ended March 2023. Sales rose 100.45% to Rs 208.85 crore in the year ended March 2024 as against Rs 104.19 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales59.7340.86 46 208.85104.19 100 OPM %19.1714.86 -17.3015.91 - PBDT10.675.66 89 32.1015.66 105 PBT9.894.74 109 29.4611.97 146 NP7.233.50 107 21.888.44 159 Powered by Capital Market - Live News

Advait Infratech announced that the Board of Directors of the Company at its meeting held on 30 May 2024, inter alia, have recommended the final dividend of Rs 1.5 per equity Share (i.e. 15%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Advait Infratech will hold a meeting of the Board of Directors of the Company on 30 May 2024Powered by Capital Market - Live News

The Board of Advait Infratech at its meeting held on 15 April 2024 has approved incorporation of a wholly owned subsidiary in Norway. The Board also approved the investment of up to 5 million USD in the said subsidiary. Powered by Capital Market - Live News

Advait Infratech has entered into a new business vertical IT/IOT under this segment the Company has entered into a contract of providing �Configuration of devices with providing SCADA Software License, Deployment, integration and Go live services for each remote monitoring system as well as integration with existing State Level Portal & National Level Portal of PM-KUSUM scheme Component- B with 5 years Operations and maintenance contract as well as software maintenance & updation of State level portal of worth Rs. 2.89 crore.With the above , Advait Infratech, marking its entry into the IT/loT domain, will undertake the development of software and the integration of solar pump devices/smart meters for real-time data monitoring and fault management. Powered by Capital Market - Live News