Esconet Technologies Limited — Updates, 28-05-2025: Press Release
28-05-2025 | 05:36 pm
28-05-2025 | 05:36 pm
Esconet Technologies reported 63% revenue growth and a 43% rise in profit before tax, with profit after tax up 47%, despite margin pressure from workforce expansion and infrastructure upgrades. Election-related delays impacted government projects. The 70% acquisition of Fluidech IT Services enhances its cybersecurity portfolio, targeting high-growth areas. A ₹32.69 Cr capital infusion boosts the balance sheet for R&D and scaling initiatives.
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