Azad Engineering Limited — Board Meeting, 04-08-2025: Outcome of Board Meeting

Azad Engineering's Board has approved the financial results for the quarter ending June 30, 2025. Consolidated revenue from operations stood at ₹137.09 Cr, with profit at ₹29.43 Cr. The company provided an update on its recent ₹700 Cr Qualified Institutional Placement (QIP). Out of the QIP funds, ₹85.31 Cr has been utilized for capital expenditure and ₹111.41 Cr for general corporate purposes. A significant ₹497.17 Cr from the QIP remains unutilized, currently parked in temporary investments, reflecting ongoing strategic funding for growth.