Salasar Techno Engineering Ltd. (BSE: 540642, NSE: SALASAR), is a one stop engineering and infrastructure solution provider. The Company is engaged in providing turnkey EPC services for Railway and Power sectors and is also engaged in designing and manufacturing of telecom towers, Monopoles and other Heavy Steel Structures. Thecompan y had announced robust earnings for the quarter ended 30 June 2024.
Commenting on the results, the management team of Salasar said, “We are pleased to present our financial and operational performance for the Q1 FY25. The quarter has been marked by significant progress in our strategic initiatives and consistent growth across our key business segments.
progress in our strategic initiatives and consistent growth across our key business segments. Salasar Techno Engineering Limited recorded robust financial performance in Q1 FY25, demonstrating the resilience of our business model and the effectiveness of our growth strategies. Our revenue for t he quarter stood at ₹ 2,940Mn,representing a 12.3% year-on-year increase. This growth was primarily driven by the continued expansion in our telecom infrastructure, power transmission, and EPC projects.
EBITDA for the quarter improved to ₹ 282 Mn, reflecting a strong margin of 9.6%. This improvement is a result of our focus on operational efficiencies, cost optimization, and the successful execution of higher-margin projects.
Our PAT for Q1 FY25 was ₹ 104.9 Mn, reflecting a growth of 3.4% compared to ₹ 101.5 Mn in the same quarter last year.
As of the end of Q1 FY25, our order book remains robust, standing at ₹ 24,019 Mn, reflecting a healthy pipeline of projects across our core segments. The diversified nature of our order book, encompassing telecom infrastructure, power transmission, and renewable energy projects, provides us with strong revenue visibility for the upcoming quarters. We continue to secure new orders, reinforcing our market leadership. This sustained growth in our order book underscores the trust our clients place in our execution capabilities and our strategic focus on high-growth sectors