Global Surfaces Limited — Board Meeting, 14-02-2025: Outcome of Board Meeting
14-02-2025 | 01:14 pm
14-02-2025 | 01:14 pm
The Board of Directors has approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2024. Standalone revenue from operations stood at ₹327.66 Cr, resulting in a profit after tax of ₹21.77 Cr. Meanwhile, consolidated revenue reached ₹460.61 Cr, with a loss after tax of ₹110.43 Cr. The company highlighted strategic investments, including ₹900 Cr allocated to its wholly-owned subsidiary for a manufacturing facility in Dubai. The board's decisions indicate a focus on operational expansion despite the current profitability challenges.
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