Desco Infratech Ltd — Board Meeting, 09-05-2025: Board Meeting

Desco Infratech Limited has announced a board meeting to approve the financial results for the quarter and half-year. The company reported revenue from operations of ₹59.45 Cr and total income of ₹59.61 Cr for the year, with a net profit of ₹9.06 Cr, significantly up from ₹3.32 Cr the previous year. Earnings per share stood at ₹16.05. The company recently issued 20.5 lakh equity shares via IPO, and all proceeds of ₹30.75 Cr have been fully utilized for working capital, general corporate purposes, issue expenses, and capital expenditure. The audited financials received an unmodified opinion from the auditors, reflecting sound financial health and operational performance.