Salasar Techno Engineering Swings to Q4 Loss Despite Revenue Growth Jun 02, 2025
More news about Salasar Techno Engineering
31May 25
Salasar Techno Engineering Reports 30% Jump in Q4 Net Profit
Salasar Techno Engineering's Q4 consolidated net profit increased by 30% to Rs 19.31 crore from Rs 15.21 crore year-over-year. Total income rose 32% to Rs 472.68 crore. Q4 EBITDA was Rs 23.50 crore, with operating profit at Rs 20.90 crore. Annual revenue grew 20.31% to Rs 1,211.90 crore, while net profit increased 31.27% to Rs 52.90 crore. EPS improved by 30.77% to Rs 0.34.
ED Raids Residences of Salasar Techno Engineering's Top Executives
The Enforcement Directorate (ED) has conducted searches at the residences of the Chairman and Joint Managing Director of Salasar Techno Engineering Limited. The company, active in telecom infrastructure and solar power sectors, stated that the searches were limited to personal residences and have not affected their business operations. No formal charges have been filed yet.
18Apr 25
ED Raids Salasar Techno Engineering's Top Executives' Homes; Company Operations Unaffected
The Enforcement Directorate conducted searches at the residences of Salasar Techno Engineering's Chairman & Managing Director and Joint Managing Director on April 16, 2025. The company issued a statement confirming full cooperation with authorities, emphasizing that no searches were conducted at company premises and business operations continue uninterrupted. Salasar Techno Engineering reaffirmed its commitment to compliance and transparency, pledging to disclose any material developments as required by law.
26Mar 25
Salasar Techno Engineering Approves Amalgamation with Wholly-Owned Subsidiary EMC Ltd
Salasar Techno Engineering's Board has approved the amalgamation of its wholly-owned subsidiary, EMC Limited, on March 26, 2025. The merger aims to consolidate operations, enhance efficiency, and achieve operational synergies. Expected benefits include better facility utilization, cost efficiencies, expanded market presence, improved customer satisfaction, and streamlined compliance. No new shares will be issued, and the shareholding pattern remains unchanged. The amalgamation is subject to regulatory approvals, including NCLT.
21Mar 25
Salasar Techno Engineering to Consider Amalgamation with Wholly-Owned Subsidiary EMC Limited
Salasar Techno Engineering Limited has scheduled a board meeting for March 26, 2025, to consider the amalgamation of its wholly-owned subsidiary, EMC Limited. The meeting will take place at Hotel Shangri-la Eros, New Delhi. No new shares will be issued due to the amalgamation. A trading window closure has been implemented from March 21, 2025, until 48 hours after the meeting's outcome announcement, affecting promoters, directors, KMPs, and designated persons.