SRM Contractors Limited — Board Meeting, 21-05-2025: Outcome of Board Meeting
21-05-2025 | 11:57 am
21-05-2025 | 11:57 am
SRM Contractors Limited has announced a board meeting on approving the financial results for the quarter and half-year. Consolidated revenue surged to ₹527.93 Cr, up from ₹342.42 Cr last year, with profit before tax doubling to ₹74.34 Cr. Net profit more than doubled to ₹55 Cr, translating to an EPS of ₹23.97. No dividend declared. The board appointed new secretarial, internal, and cost auditors for FY26. Strategically, it’s acquiring a 51% stake in Maccaferri Infrastructure Pvt Ltd and has completed the takeover of SRM Serves Foundation to boost CSR efforts.
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