Archive · 2 Jun 2025
Salasar Techno Engineering Reports Strong Profit Growth
Imagine a company called Salasar that builds things like steel structures for phones, power, and trains.
They just made a lot more money!
In the last three months, their profits went up by 30%, reaching nearly 20 crore rupees.
This happened because they sold more things, increasing their total income.
Salasar also bought another company called EMC for about 178 crore rupees, which should help them grow even bigger.
Over five years, their stock has done really well, but recently it has gone down a bit.
This news is just to let you know what's happening, and isn't advice on whether to buy or sell their stock.
Salasar Techno Engineering's consolidated net profit surged 30% in the January-March quarter of FY25.
Net profit reached Rs 19.31 crore, up from Rs 15.21 crore in the same quarter the previous year.
Total income increased by 32% to Rs 472.68 crore.
The company completed the acquisition of EMC Ltd. for Rs 178 crore.
The acquisition of EMC aims to strengthen Salasar's market position.
- Who
- Salasar Techno Engineering (STEL)
- What
- Reported a 30% rise in consolidated net profit in the January-March quarter and acquired EMC Ltd.
- When
- The January-March quarter of the financial year 2025.
- Where
- Mumbai (based on the article's origin).
- Why
- Driven by higher revenues and the acquisition of EMC Ltd. to strengthen market position.
- Consolidated Net Profit (Q4 FY25)
- Rs 19.31 crore
- Net Profit (Q4 FY24)
- Rs 15.21 crore
- Net Profit Growth (Q4 FY25)
- 30%
- Total Income (Q4 FY25)
- Rs 472.68 crore
- Total Income (Q4 FY24)
- Rs 358.42 crore
- Total Income Growth (Q4 FY25)
- 32%
- EMC Ltd. Acquisition Cost
- Rs 178 crore