The company reported net profit of Rs 75.42 crore in Q2 September 2022 as against net loss of Rs 1.42 crore in Q2 September 2021.
The business has secured orders for infra works in the Water Pipeline and Data Centre segments in India.
Revenue at Rs1,576 crore, increased 31% yoy.
At an investor call following the release of the company's second-quarter earnings, Sanjay Roy, senior vice-president for exploration and production, Reliance Industries Ltd, stated that the MJ gas condensate field project was "pretty much on track" for the first gas production by the end of the year.
The company intends to complete Adani Total Gas’ order within a period of 2 months.
The inspection took place from October 17 to October 21, 2022.
Saregama India Ltd has added 4.23% over last one month compared to 7.38% gain in S&P BSE Tech index and 3.35% rise in the SENSEX
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