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Allied Digital Services announced key business and financial highlights – Significant growth of Operating Revenue, EBITDA, launch of a new FinTech vertical and expansion of global affiliates
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MUMBAI, India, May 24, 2022 /PRNewswire/ — Allied Digital Services Ltd., a publicly-traded global IT services company, officially announced business and financial highlights of the company for the year ended March 2022.

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                <img alt="Allied Digital Services Office, Mumbai" src="https://mma.prnewswire.com/media/1824650/Allied_Digital_Building.jpg" title="Allied Digital Services Office, Mumbai"></img>



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The key highlights include:

  • Operating Revenue at Rs. 484.68 Cr with an increase of 35% Y–o–Y basis
  • EBITDA (Before ESOP) of Rs. 103.16 Cr with quantum jump of 112% on Y-o-Y basis
  • PAT of Rs. 61.01 Cr with an increase of 217% Y-o-Y basis
  • EPS of Rs. 11.66 (Face Value Rs. 5/share) increased by 205% on Y-o-Y basis
  • Nearly zero Debt and no pledge of promoters’ shares
  • Proposed dividend of 20% on Face Value of Rs. 5/share
  • Orderbook (Mainly Services) stood at Rs. 1400+ Cr as on 31.03.2022
  • Business operations started for newly incorporated subsidiaries in Japan, Brazil and China
  • Launched service platform in FinTech vertical FinoAllied
  • Nominated as New Champion at World Economic Forum
  • Headcount stood at 3,000+ as on 31.03.2022 incl. 1,000+ recruited during the year
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Our CMD, Mr. Nitin Shah, stated, “During the transformation period of 4 years, we had been stating ‘small pain but long gain’ and true to what we had anticipated, now we are in the long gain phase for the last 2 -3 years. We are very pleased to inform such positive results which will be continued for long period.”

CDO, Mr. Utpal Chakraborty, mentioned – “Allied Digital is amongst the first ones to launch pathbreaking banking solutions like Conversation AI Platform for banks. This is going to change the way consumers transact with banks. This cloud-based, plug & play conversational banking is going to accelerate the transformation of the BFSI segment and is going to be a great boon for small and midsized banks.”   

FinoAllied Conversational Banking Video Link: https://youtu.be/v3_-MduZ5_c

Allied Digital Website: www.allieddigital.net

About Allied Digital

Allied Digital Services, India is a publicly-traded global leader in information technology consulting and services, since 1984. Headquartered in Mumbai, India, it is a global managed service provider and systems integrator, offering infrastructure solutions and services to clients in 70 countries. The service portfolio ranges from digital workspace services, digital enterprise infrastructure transformative solutions, cybersecurity services, cloud services, and support to multi-lingual, multi-channel service desks and FinTech products & solutions. The company has a global workforce of some 3,000 professionals, local support functions, governance frameworks, and operations across 70 countries. It offers its expertise and services to several Fortune 500 companies.

Photo: https://mma.prnewswire.com/media/1824650/Allied_Digital_Building.jpg

Disclaimer: This Press Release has not been vetted or endorsed by The Eastern Herald's editorial staff.
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