Salasar Techno Engineering Reports Steady Profit Rise

Salasar Techno Engineering Ltd saw a 3.5% increase in consolidated net profit to Rs 10.49 crore for June. The rise in profit is attributed to higher income, with the total income rising to Rs 295 crore from Rs 262 crore a year ago. The company operates in steel structures and EPC infrastructure for telecom, energy, and railways.

Salasar Techno Engineering Ltd reported a 3.5 percent rise in consolidated net profit to Rs 10.49 crore for the month of June, driven by increased income.

The company, which posted a net profit of Rs 10.14 crore during the same period last year, saw its total income increase to Rs 295 crore from Rs 262 crore a year ago, according to its regulatory filing.

Operating expenses for the quarter also grew to Rs 280 crore, up from Rs 248 crore in the first quarter of the previous financial year. Salasar Techno Engineering Ltd is a key player in manufacturing steel structures and providing EPC infrastructure services across telecom, energy, and railways.

(With inputs from agencies.)