Storage Technologies and Automation Ltd — Results, 17-06-2025: Result

Storage Technologies and Automation Ltd has announced a board meeting outcome along with the financial results for the quarter and half-year. The company confirmed full utilisation of IPO funds raised during FY25, aligned with the stated objectives. Standalone revenue rose 6.2% YoY to ₹94.42 Cr, while consolidated revenue increased 7.08% YoY to ₹100.38 Cr. EBITDA margins contracted due to one-time project costs and steel price volatility, impacting PAT margins. The board has proposed a dividend of Rs. 0.30 per equity share, subject to shareholder approval. Strategic initiatives include new sales offices in Mumbai and Delhi, and export orders from the Middle East. FY26 targets revenue of ₹130 Cr with margin improvements, aiming for 20% revenue CAGR over five years. Auditor reports on standalone and consolidated results were unmodified, confirming adequate internal controls and no material uncertainties.