Third quarter results: STEL registers net profit increase of 56 percent | View the most important details here
New Delhi-based STEL is a steel structure manufacturer and EPC infrastructure company, providing services in telecom, energy and railways.
Share market news: Salasar Techno Engineering Limited (STEL) on Saturday reported a 56 per cent rise in consolidated net profit to Rs 16.76 crore for the December quarter. In its stock exchange filing, the company has posted a net profit of Rs 10.69 crore during the October-December quarter of 2022-2023.
The company's total revenue rose to Rs 304.35 crore from Rs 240.93 crore in the same period last year. Expenses stood at Rs 281.22 crore, compared to Rs 226.54 crore in the third quarter of last fiscal.
New Delhi-based STEL is a steel structure manufacturer and EPC infrastructure company, providing services in telecom, energy and railways.