Frog Cellsat Limited — Important, 20-05-2025: Updates

Frog Cellsat has announced a board meeting to discuss the financial results for the quarter and half-year. FY25 revenue reached Rs. 219.4 Cr, up 39% YoY, driven by major DAS projects at key airports. Adjusted EBITDA rose 72.6% to Rs. 37.7 Cr, with margins expanding to 17.2% due to operational efficiencies. PAT increased 52% to Rs. 23.6 Cr. The strong Rs. 71 Cr order book and market expansion into Africa and Europe support robust growth. FY26 targets 30% revenue and EBITDA growth, aiming for Rs. 500 Cr revenue by FY28.