STEL Holdings Approves Q1 2025 Results, Reappoints Wholetime Director and Names Interim Chairperson
STEL Holdings Limited announced Q1 financial results with revenue of Rs 47.00 lakhs and net profit of Rs 35.15 lakhs, showing significant growth. The company reappointed Mr. Abraham Ittyipe as Wholetime Director for five years and appointed Mr. Alok Kalani as interim Chairperson. The 35th Annual General Meeting is planned, with details to be announced later.
STEL Holdings, an investment company, released its Q4 financial results. Revenue slightly decreased by 0.30% to ₹134.40 crore, compared to ₹134.80 crore in the previous year. However, net profit increased by 0.20% to ₹99.80 crore from ₹99.60 crore. The company maintained profitability despite a minor revenue dip, suggesting effective cost management or improved operational efficiency.