NACDAC Infrastructure Ltd — Board Meeting, 30-05-2025: Board Meeting

Nacdac Infrastructure Limited has announced a board meeting approving the audited financial results for the quarter and half-year ended March 31, 2025, accompanied by an unmodified auditor’s report. Revenue from operations reached ₹4,11,897 lakh for the half-year, with profit before tax at ₹40.1 lakh. The company raised ₹100.1 Cr through an IPO, allotting 28.6 lakh shares at ₹235 each, primarily to fund working capital and general corporate expenses. As of March 31, 2025, ₹95.5 Cr of the IPO proceeds were utilized, with the balance invested in fixed deposits. The company maintains strong financial controls and reported no outstanding investor complaints.