ALPHA TRIBE

Pelatro LimitedBoard Meeting, 01-08-2025: Outcome of Board Meeting

01-08-2025 | 06:21 pm

Pelatro Limited's board has approved consolidated financial results for Q1 FY26. Revenue from operations reached Rs 26.69 Cr, with the company reporting a net profit of Rs 3.66 Cr. In a major strategic move, Pelatro acquired Estel Technologies India's software business for Rs 23 Cr and Estel FZE for Rs 18 Cr. These acquisitions, effective July 1, are set to significantly impact Q2 financials. The company continues to deploy IPO funds as per its stated objectives.

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