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Plada Infotech Services LimitedBoard Meeting, 29-05-2025: Outcome of Board Meeting

29-05-2025 | 05:59 pm

Plada Infotech Services has announced a board meeting approving the consolidated financial results for the quarter and half-year. The company posted consolidated revenue of ₹67.72 Cr with a net profit of ₹1.88 Cr, down from ₹2.65 Cr last year, showing margin pressures. Net debt declined due to repayment of long-term borrowings despite an increase in short-term debt. Investments in intangible assets jumped, signaling a push on digital growth. The board also appointed M/s. Nirmal Tiwari & Associates as secretarial auditors for five years and reappointed M/s. S A Porwal & Associates as internal auditors for FY26.

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