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MITCON has announced a board meeting on May 20 where it approved the audited consolidated financial results for the quarter and year ended March 31, 2025. Revenue stood at ₹112.71 Cr, with a consolidated profit after tax of ₹8.36 Cr, down from ₹13.99 Cr last year. Project and consultancy segments remained stable, while wind/solar power saw good revenue growth. The board approved a first and final call of ₹57 per partly paid share. Additionally, 1.78 lakh ESOPs were granted to employees, and rights issue proceeds of ₹32.23 Cr were fully utilized.
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