ASM Technologies Reports Robust Utilization of Qualified Institutions Placement Proceeds
ASM Technologies has utilized Rs 91.49 crore out of Rs 170.00 crore raised through QIP in March 2024. Rs 66.21 crore was allocated for growth opportunities and acquisitions, while Rs 25.28 crore went to general corporate purposes. The company received an additional Rs 40.72 crore from warrant conversions. Unutilized funds of Rs 23.72 crore are in fixed deposits earning 4.75%. CRISIL Ratings reported no deviations from the disclosed objectives.
11Aug 25
ASM Technologies' Q1 Net Profit Soars 403% as Revenue Doubles
ASM Technologies achieved exceptional financial results in Q1. Consolidated net profit soared 403% to ₹156.00 million, while revenue more than doubled to ₹1.23 billion, marking a 134% year-over-year increase. EBITDA rose to ₹257.00 million from ₹38.00 million, with the EBITDA margin expanding to 20.91% from 7.30%. These results demonstrate ASM Technologies' strong market performance and operational efficiency.
ASM Technologies Limited announced strong Q1 FY26 results. Consolidated revenue surged 133.60% to Rs 1,229.15 million, while profit soared 500.60% to Rs 155.73 million. Standalone revenue increased 134.80% to Rs 1,091.21 million, with profit up 704.40% to Rs 163.29 million. The company declared an interim dividend of Rs 1 per share. Both Engineering R&D and Design Led Manufacturing segments contributed to growth, with manufacturing showing strong domestic performance.
05Aug 25
ASM Technologies Sets Board Meeting for Q1 Results and Interim Dividend Consideration
ASM Technologies Limited has announced a board meeting for August 9, 2025, to review Q1 FY2025-26 unaudited financial results and consider an interim dividend. The trading window is closed from June 30 to August 12, 2025, for insiders. The meeting complies with SEBI regulations, and results will be published post-meeting.
22Jul 25
Ebix Technologies Secures ₹1.40 Billion Contract from Maharashtra State Road Transport Corporation
Ebix Technologies, a subsidiary of Ebix Inc., has been awarded a ₹1.40 billion (140 crore) contract by the Maharashtra State Road Transport Corporation (MSRTC). The announcement was made by Eraaya Lifespaces. While specific details of the contract are not disclosed, it is likely to involve technological solutions for MSRTC's operations, given Ebix's expertise in software and e-commerce services. This contract represents a significant opportunity for Ebix Technologies to expand its presence in the public transportation sector.