Shree Rama Multi-Tech has announced a board meeting where it approved the financial results for the quarter.

Revenue from operations increased by 28.8% year-on-year to ₹55.35 Cr.

Profit before tax significantly rose by 135% to ₹9.87 Cr, and net profit surged by 234% to ₹7.35 Cr.

The company also appointed M/s. Chirag Shah & Associates as Secretarial Auditor for five years, pending shareholder approval.

Auditors noted non-consolidation of the defunct Mauritius subsidiary, for which investments were fully provisioned previously.

An Annual General Meeting is scheduled.