Markolines Pavement Technologies Ltd — Board Meeting, 15-05-2025: Board Meeting

Markolines Pavement Technologies has announced a board meeting to consider the financial results for the quarter and half-year. The company reported consolidated revenue of Rs. 307.43 Cr and a net profit of Rs. 22.56 Cr for the year. Major Maintenance segment contributed Rs. 219.49 Cr in revenue with a segment profit of Rs. 25.70 Cr, while Specialized Construction posted Rs. 87.95 Cr revenue and Rs. 20.86 Cr profit. The company raised Rs. 47.80 Cr via preferential equity shares and Rs. 6.48 Cr through convertible warrants during the period, with proceeds fully utilized as planned. Operating cash flows were negative, impacted by increased working capital needs, but financing activities including the fundraise supported liquidity.