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Interarch Building Solutions, a key player in the pre-engineered steel construction sector, registered a robust 30% rise in net profit to INR 38.68 crore during the final quarter of the previous financial year, driven by a significant increase in revenue. The company's total income surged to INR 470.58 crore in the January-March quarter, while annual figures reached INR 1,474.47 crore. Managing Director Arvind Nanda highlighted this as the company's best-ever financial performance and announced the proposal of its first-ever dividend. He expressed optimism about maintaining growth in the ongoing fiscal year, backed by a solid order pipeline.
Interarch Building Solutions has reported a 30% year-on-year jump in net profit to INR 38.68 crore for the final quarter of the preceding financial year, attributing the surge to increased revenue. In the same quarter the previous year, the company's net profit had stood at INR 29.69 crore. Advertisement
The total income for the January to March period rose sharply to INR 470.58 crore, compared to INR 390.23 crore recorded during the same quarter a year earlier.
Over the full course of the last financial year, the company's net profit climbed to INR 107.82 crore, up from INR 86.26 crore in the prior fiscal. Interarch?s total income for the year grew to INR 1,474.47 crore, from INR 1,306.31 crore in the preceding year, as disclosed in a regulatory filing submitted earlier this week.
Reflecting on the company's performance, Managing Director Arvind Nanda remarked that Interarch had achieved its highest-ever quarterly and annual financial results, fuelled by strong volume expansion and enhanced execution of orders. He also stated that the company?s financial resilience and consistent focus on shareholder value were evident in the proposed maiden dividend of INR 12.5 per equity share, pending shareholder approval.
Looking ahead, Nanda conveyed that the company expected to maintain its growth trajectory into the next fiscal year, supported by a healthy order pipeline and steady inflow of project enquiries.
Interarch Building Solutions continues to be recognised as a leading turnkey provider in the pre-engineered steel construction segment, with in-house capabilities spanning design, engineering, manufacturing, and on-site project management for erection and installation services.
The declaration of its maiden dividend indicates confidence in its cash flows and a commitment to rewarding long-term investors. As the company strengthens its foothold in the pre-engineered steel building sector, a sustained focus on operational efficiency, client engagement, and order book expansion is likely to underpin its performance in the upcoming fiscal year. The outlook remains optimistic, with leadership signalling continued momentum and market demand.
Source - PTI
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