Sar Televenture Limited — Updates, 13-02-2025: Press Release
SAR Televenture Limited has reported strong financial performance for Q3 and the nine-month period ending December 31, 2024. Consolidated revenues surged by 128% to ₹83.46 Cr in Q3 FY25, while net profit increased by 193% to ₹12.85 Cr, reflecting enhanced operational efficiencies and disciplined cost management. Over the nine-month period, total income reached ₹226.18 Cr, marking a growth of 212.67%, with net profit rising to ₹31.23 Cr, an increase of 277.63%.
The company enhanced its service capabilities through the acquisition of Fusionnet Web Services and its subsidiary, which has significantly expanded its broadband offerings to over 90,000 retail customers and 180,000 FTTH connections. Looking ahead, SAR Televenture is focused on geographical expansion and unlocking further growth opportunities to strengthen its competitive positioning in the telecom infrastructure sector. Positive outlook as the synergies from acquisitions are expected to drive long-term value, and growth opportunities abound as they broaden their customer base.
