This Micro-cap Telecom Company Shares Locked in 2 per cent Upper Circuit After Announcing 200 Per cent Revenue Growth
The company also noted a significant increase in net profit year-over-year.Â
Shares of Kore Digital Ltd locked in the 2 per cent upper circuit on Wednesday as the company announced a remarkable 200 per cent increase in revenue for the fiscal year 2025.
The company disclosed this significant growth in a press release issued on April 8, 2025. Kore Digital highlighted that this exceptional growth underscores the surging demand for its telecommunication infrastructure services. The company also noted a significant increase in net profit year-over-year.
While the audited revenue figures for the fiscal year 2024-2025 are still forthcoming, the unaudited consolidated figures reveal the company's strong market performance. Kore Digital emphasized that these figures reflect the growing demand for their services.
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Looking ahead, Kore Digital has expressed confidence in its growth trajectory, citing a robust project pipeline for FY26. The company is particularly optimistic about its involvement in transformative projects such as the Samruddhi and Mumbai Metro lines, which are expected to further expand its footprint and create new opportunities for sustained growth.
About Kore Digital Limited
Established in 2009, Kore Digital Limited specializes in telecommunication infrastructure development and related allied services. The company holds an Infrastructure Provider - I License from the Department of Telecommunications. This license enables Kore Digital to offer high-end communication solutions to corporate entities and Telecom Network Operators in Maharashtra.
Kore Digital has made substantial contributions to the region's telecommunications infrastructure. The company has commissioned over 600 pole-based cell sites across Mumbai and its surrounding regions. Additionally, they have undertaken various RTT, GBT, and Microwave backhaul installations. Kore Digital has also developed, owns, and maintains an Optical Fiber Cable Infrastructure Backbone spanning more than 700 KM across Mumbai city and its surrounding districts in Maharashtra.
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Disclaimer: The article is for informational purposes only and not investment advice.