Salasar Techno Q2 Results: Construction engineering company Salasar Techno Engineering has released its September quarter results (Q2 FY2024-25). The company said revenue increased marginally to Rs 276.38 crore in the September quarter, from Rs 275.25 crore in the same quarter a year ago. The Delhi-based engineering company’s net profit for the three months ended September 30 was Rs 8.92 crore. Total expenditure increased to Rs 266.65 crore during the period under review. Shares of Salasar Techno Engineering closed at Rs 17.43 on BSE today.
what are the details
Revenue from the steel structures segment declined to Rs 174.08 crore in the quarter, compared to Rs 199.27 crore in Q2FY24. EPC project segment revenue grew by over 20 per cent to Rs 108.4 crore compared to Rs 881.4 crore in the same quarter of FY24. It said that as of September 39, 2024, the company had assets worth Rs 1,422 crore. Salasar Techno Engineering Limited is a steel structure manufacturer and EPC infrastructure company, providing services in telecom, energy and railways.
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salasar techno share price
Salasar Techno is a component of the BSE Smallcap Index. Shares of the company closed today with a slight fall at Rs 17.43. According to BSE Analytics, its shares have given positive returns of 87 percent in a year. In two and three years, the counter has increased by 195 percent and 222 percent respectively. According to statistics, engineering stock has increased by more than 1,600 percent in five years.
Company that has given 4 bonus shares
According to the BSE website, Salasar Techno has distributed bonus shares to its investors in February 2024 in the ratio of 4:1, which means each eligible shareholders were given four additional shares for every share held. The market cap of the company is Rs 3,009.76 crore.