Fidel Softech Limited — Board Meeting, 30-07-2025: Outcome of Board Meeting
30-07-2025 | 06:50 pm
30-07-2025 | 06:50 pm
Fidel Softech has announced a board meeting where it approved consolidated financial results for the quarter ended June 30, 2025. Revenue hit ₹16.63 Cr, PAT ₹3.63 Cr, and EPS ₹2.64. This marks their 13th consecutive quarter of growth!
The board shifted its investment in Fidelsoft Inc. to a loan for the Techvine LLC acquisition. Also, Fidel Tech KK became a subsidiary in June, with full impact expected next quarter. The company secured a ₹0.75 Cr railway project and a ₹1.2 Cr US order. Management is eyeing 30-40% growth, aiming for 5X in 5 years, and approved a 'Nil Report' on IPO fund utilization.
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