Hot Pursuit     20-Jul-23
Kellton Tech soars on securing multi-year large contract from Karnataka Govt
Kellton Tech Solutions zoomed 8.27% to Rs 89.13 after the company bagged a multi-year large project from Karnataka State Government's Finance Department to develop and implement HRMS Version 2.0 for over 600,000 state government employees.

The Karnataka State Government has entrusted Kellton to bring forth a range of advanced features and functionalities to streamline and enhance the overall human resource management processes.

The Human Resource Management System (HRMS) 2.0 system will significantly enhance the existing capabilities, encompassing critical areas such as recruitment, cadre management, transfers, promotion, service register, leave management, and operational reports.

Kellton will develop and integrate new modules, including employee self-service, retirement management, annual performance management, service register with core history, and analytical reports with data analytics. These additions aim to improve the Karnataka State Government's human resource processes, allowing for better management and optimization.

Karanjit Singh, CEO, APAC, Kellton, said: “We are honored to be chosen by the Karnataka State Government to develop and integrate the HRMS portal. The HRMS 2.0 portal will meet the key objective of facilitating smooth data flow and department collaboration, enabling efficient decision-making processes.

We are confident that our team's expertise, dedication, and innovation will drive the success of this project and make a lasting impact.”

Kellton Tech Solutions is a global technology consulting and IT services company Kellton helps businesses of all sizes, including startups, SMEs, and Fortune 500s, build disruptive digital solutions. With operations across the US, Europe, India, and the Asia Pacific, Kellton enables clients to use technology as their competitive advantage.

The company reported a consolidated net loss of Rs 176.47 crore in the quarter ended March 2023 as against net profit of Rs 18.83 crore during the previous quarter ended March 2022. Sales rose 15.38% to Rs 242.71 crore in Q4 FY23 over Q4 FY22.

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