New Delhi, Feb 3 (PTI) Salasar Techno Engineering Ltd (STEL) on Saturday reported a 56 per cent rise in its consolidated net profit to Rs 16.76 crore for the December quarter.

It had posted a net profit of Rs 10.69 crore during the October-December quarter in 2022-23, the company said in an exchange filing.

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The company's total income rose to Rs 304.35 crore from Rs 240.93 crore in the year ago period.

Its expenses were at Rs 281.22 crore as against Rs 226.54 crore in the third quarter last fiscal.

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New Delhi-based STEL is a steel structural manufacturer and EPC infrastructure company, providing services across telecom, energy and railways.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)