Salasar Techno Engineering Limited has informed the Exchange regarding the outcome of Board meeting held on August 13, 2025.
SALASAR · price
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Salasar Techno Engineering's board approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Standalone revenue from operations rose marginally to ₹29,323.80 lakh from ₹29,156.68 lakh year-on-year, but net profit declined about 9.7% to ₹887.31 lakh from ₹982.50 lakh, with EPS at ₹0.05 vs ₹0.06. On a consolidated basis, revenue grew to ₹30,016.97 lakh while net profit fell to ₹879.61 lakh from ₹1,049.29 lakh, hit by weaker Steel Structures revenue and a loss-making EPC segment result on a consolidated basis. The Steel Structures segment saw revenue dip to ₹17,035.41 lakh, while EPC Projects revenue grew to ₹13,893.99 lakh. The board also approved the re-appointment of VAPS & Co as statutory auditor for a second 5-year term (till 2030 AGM) and appointed Deepika Madhwal & Associates as secretarial auditor for FY26–FY30. The board also took note of a stock exchange fine for non-compliance with Regulation 24A of SEBI LODR and advised avoiding such instances in the future.
Q1 results show flat top-line growth and a notable dip in profitability, which may pressure the stock in the short term. The auditor re-appointments provide continuity, but the acknowledged regulatory non-compliance under Regulation 24A is a minor governance red flag for investors to monitor.