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

The Board of Directors of Likhitha Infrastructure Limited convened and approved the financial results for the quarter and nine months ended December 31, 2024. The standalone revenue from operations for the quarter stood at ₹126.20 crore, marking an increase from ₹100.59 crore in the corresponding period last year. Profit for the period was reported at ₹172.82 crore, reflecting growth compared to ₹160.47 crore recorded previously. Meanwhile, the company also approved an investment of up to ₹30 crore in Likhitha HAK Arabia Contracting Company, a joint venture in Saudi Arabia, to expand business activities. This move aligns with the company’s strategic intent to enhance its presence in international markets. Investors should view this as a positive outlook, considering the robust revenue growth and investment initiatives aimed at diversifying operations. The company has also appointed a branch auditor for its Nepal operations, emphasizing financial governance across its locations.