ALPHA TRIBE

Ador Welding LimitedResults, 24-01-2025: Integrated Filing- Financial

24-01-2025 | 08:19 pm

Ador Welding Limited has announced a board meeting where the unaudited financial results for the third quarter ending December 31, 2024, were approved. Revenue from operations reached ₹27,293 crore, with a profit before tax of ₹2,128 crore. The report reflects challenges due to exceptional costs related to amalgamation and employee benefits totaling ₹1,001 crore. The merger with Ador Fontech Limited, effective September 25, 2024, has been integrated into these results, impacting comparative figures. This announcement could provide a positive outlook for investors, signaling potential growth post-amalgamation despite short-term costs.

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