Esconet Technologies Limited — Board Meeting, 28-05-2025: Outcome of Board Meeting

Esconet Technologies posted a strong quarter with consolidated revenue up 65.6% YoY to ₹233.25 Cr and profit before tax rising 42.7% to ₹10.62 Cr. PAT grew 47.3% to ₹7.98 Cr, though margins faced pressure from investments in workforce, infrastructure, and project delays. The board approved acquiring a 70% stake in Fluidech IT Services to boost cybersecurity and raised ₹32.69 Cr through preferential allotment for growth and R&D. Subsidiary ZeaCloud delivered a stellar PAT increase of ~745%, highlighting strong margin gains. Auditor Arora Rahul & Co. was re-appointed for FY26. Management is confident about scaling IT and cybersecurity offerings.