Likhitha Infrastructure Limited — Important, 08-02-2025: Updates

The Board of Directors of Likhitha Infrastructure Limited has convened a meeting, approving the financial results for the third quarter and the nine months ended December 31, 2024. The results reflect a robust performance with total revenue reaching ₹1,276.33 Cr, up from ₹1,021.51 Cr in the previous year, showcasing a positive trend in operations. The company also reported a significant profit for the period at ₹172.82 Cr, compared to ₹160.47 Cr in the same period last year, indicating effective cost management and growth strategies.

Additionally, the board has appointed Mr. R. Parajuli from R. Parajuli & Associates as the Branch Auditor for the Nepal subsidiary for FY 2024-25. In a strategic move, Likhitha Infrastructure approved an investment of up to ₹30 Cr in Likhitha HAK Arabia Contracting Company, enhancing its footprint in the Saudi market. These developments reflect a proactive approach to expansion and operational efficiency, providing a positive outlook for investors to consider.