Revised Annual Report for Financial Year 2024-2025
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Desco Infratech has submitted a revised Annual Report for FY2024-25, correcting minor editorial errors in the Management Discussion and Analysis (MDAR) section. The company clarifies that the changes are purely editorial and do not impact the audited financial statements. The 14th Annual General Meeting is scheduled for September 30, 2025 via video conferencing. For FY25, the company reported revenue of Rs. 59.61 crores (up 102% YoY), EBITDA of Rs. 13.35 crores (up 148%, margin 22.45%), and PAT of Rs. 9.06 crores (up 173%, margin 15.19%). Net worth grew to Rs. 58.87 crores post-IPO with a debt-to-equity ratio of 0.19.
The corrigendum is administrative and does not change any financial numbers, so no material impact on investors. The underlying FY25 results remain strong, showing more than doubled revenue and triple-digit profit growth, supported by a Rs. 330 crore order book and a recently completed BSE SME listing.