SRM Contractors Surges 5% on Strong Q3 Performance

SRM Contractors Ltd (SRMC.NS) shares jumped 5% in pre-open trade on Wednesday, February 12, 2025, following impressive Q3 FY25 results. The infrastructure company reported a 116.91% year-on-year increase in net profit to ₹10.35 crore for the quarter ended December 31, 2024. Revenue surged 75.44% to ₹98.06 crore, driven by robust project execution. EBITDA grew 83.17% to ₹15.35 crore, with margins expanding to 15.65%. The company's strong order book and focus on operational efficiency continue to drive growth. Analysts remain bullish on SRM Contractors, citing its strong market position in the infrastructure sector and potential for further margin expansion.

 

Sources: Economic Times, Moneycontrol, Business Standard