Niraj Cement Structurals Limited — Important, 23-05-2025: Updates

Niraj Cement Structurals has announced a board meeting to approve the financial results for the quarter and half-year. Consolidated revenue stood at ₹507.14 Cr with a net profit of ₹15.08 Cr, supported by growth in civil construction and infrastructure. The company made provisions including a ₹37.02 lakh write-off and ₹14.73 Cr impairment on advances due to arbitration. It is addressing disputes on contractual revenues and GST, having deposited ₹1.08 Cr under protest. Additionally, 1.95 crore equity shares were issued on a preferential basis during the year.