Gayatri Highways Limited — Others, 13-02-2025: Copy of Newspaper Publication
13-02-2025 | 12:04 pm
13-02-2025 | 12:04 pm
Gayatri Highways Limited has announced the financial results for the quarter and half-year ended December 31, 2024. The company reported a total income from operations of ₹23.88 crore, with a net loss before tax of ₹5.37 crore. This represents a notable loss compared to the previous year. The standalone net loss after tax stands at ₹3.93 crore, while the consolidated net profit was recorded at ₹5.36 crore, reflecting prior adjustments.
The results suggest ongoing challenges in operations, likely impacting investor sentiment. The failure to consolidate a material subsidiary undergoing insolvency may pose additional risk, requiring close monitoring. This situation presents potential for recovery, but caution is advised for stakeholders.
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