ALPHA TRIBE

Qualitek Labs LtdBoard Meeting, 29-05-2025: Board Meeting

29-05-2025 | 06:08 pm

Qualitek Labs Limited has announced a board meeting approving the financial results for the quarter and half-year ended March 31, 2025, along with the re-appointment of M/s SAPR & Co as Internal Auditor and appointment of M/s Meenu Sharma & Associates as Secretarial Auditor. Mr. Mayank Garg has been appointed Company Secretary and Compliance Officer. The board approved a share swap arrangement to acquire remaining shares in its subsidiary, Interstellar Testing Centre Private Limited (ITCPL), making it wholly owned. The company acquired 100% stake in Quality and Testing Infosolution Private Limited (QTIPL), consolidating its results. The audited consolidated financials show revenue from operations of INR 70.23 Cr and a net profit of INR 7.63 Cr. Standalone revenue stood at INR 45.86 Cr with a net profit of INR 5.28 Cr. The company operates solely in the testing and inspection services segment within India.

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