Outcome of Board Meeting for Audited Financial Results of Half Year and Year ended March 31, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Desco Infratech's board approved audited financial results for FY25 and H2FY25, with the auditor (K A Sanghavi & Co LLP) issuing an unmodified opinion. Revenue from operations more than doubled to ₹5,944.71 lakhs (vs ₹2,939.31 lakhs in FY24, up ~102%), driven by strong H2FY25 revenue of ₹3,681.25 lakhs. Net profit surged to ₹905.71 lakhs (vs ₹332.14 lakhs, up ~173%), and EPS rose to ₹16.05 from ₹6.68. Operating cash flow was robust at ₹1,218.57 lakhs. This is the company's first annual report after its BSE SME listing on April 1, 2025, which raised ₹3,075 lakhs via IPO, reflected in the sharp jump in share capital and reserves.
Very strong first post-IPO results with revenue and PAT more than doubling, clean audit opinion, and solid cash generation — likely positive for the stock. Investors should note the dramatic jump in cash balance (₹3,117.48 lakhs) is largely IPO-driven and pending deployment per the stated use of funds.