Outcome of Board Meeting of Uniinfo Telecom Services Limited (5/2024-25) – 14th February 2025

Team Finance Saathi

14/Feb/2025

What's covered under the Article:

Uniinfo Telecom Services approved its unaudited standalone and consolidated financial results for the quarter and nine months ending December 31, 2024.
The Board appointed CS Pushpendra Patel as the new Company Secretary and Compliance Officer, effective February 15, 2025.
Financial results showed a slight decline in revenue and an overall loss for the period, with the company focusing on operational improvements moving forward.

The Board of Directors of Uniinfo Telecom Services Limited held its 5th meeting of FY 2024-25 on February 14, 2025, at their registered office. The meeting primarily focused on reviewing and approving the Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended December 31, 2024. The report reveals a slight downturn in the company’s revenue and a loss for the period, reflecting challenging market conditions. The company also approved the Limited Review Report provided by its statutory auditors.

In addition, the Board of Directors appointed CS Pushpendra Patel (Membership No.: A63682) as the Company Secretary and Compliance Officer, effective February 15, 2025, marking an important leadership change. This move is expected to enhance the company's governance structure and ensure compliance with SEBI’s stringent requirements.

Key financial figures include a quarterly income of Rs. 798.09 lakhs and expenses totaling Rs. 821.51 lakhs for the quarter ending December 31, 2024. Profit before tax stood at Rs. 123.42 lakhs, with a net loss after tax of Rs. (20.20) lakhs for the period.

For the upcoming period, Uniinfo Telecom Services will continue to focus on optimizing operations and enhancing its service offerings in the telecom installation sector, while closely monitoring market conditions and financial health.

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Outcome of Board Meeting of Uniinfo Telecom Services Limited (5/2024-25) – 14th February 2025

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