Spectrum Electrical Industries Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting

Spectrum Electrical Industries has announced a board meeting on approving the consolidated financial results for the quarter and half-year. Revenue climbed to Rs. 402.24 Cr, with profit after tax rising to Rs. 25.42 Cr, up from Rs. 328.09 Cr and Rs. 19.42 Cr last year. The company raised Rs. 36.54 Cr through QIP and preferential issues, mainly for capex and working capital. Key moves include acquiring controlling stakes in Mechmaster Engineering (51%) and Pristine IT Code (75%) and migrating to the NSE & BSE mainboard. Auditor’s opinion is clean.