Announcement under Regulation 30 of SEBI (LODR)- Update of the Company DESCO INFRATECH LIMITED
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Awaiting price reaction for this filing.
Desco Infratech reported strong operational growth in FY 2024-25 compared to the previous year. MDPE gas pipeline commissioned rose 82% to 436.44 km from 239.47 km. PNG gas meter installations grew 72% to 26,745 connections from 15,558, with notable expansion in Coimbatore, Aurangabad, and East Delhi. LPG-to-PNG conversions also climbed 64% to 14,945 from 9,083. The company is in the city gas distribution infrastructure space, laying pipelines and providing PNG connections to households.
The broad-based volume growth across pipelines and connections signals healthy demand and operational scaling, which is positive for the company's revenue trajectory. However, no revenue or margin figures were disclosed, so the direct impact on earnings is unclear from this filing alone.