Sahyadri Industries Limited — Important, 11-12-2024: Updates

**Updates on Sahyadri Industries Limited**

Sahyadri Industries reported its financial results for the half-year ended September 30, 2024. Income from operations reached ₹324.55 crore, with total income at ₹324.55 crore. The cost of materials consumed was ₹184.92 crore, leading to a profit before tax of ₹19.48 crore after accounting for total expenditures. The company’s net profit for the period amounted to ₹14.02 crore.

In terms of its balance sheet, total assets stood at ₹527.25 crore, with total equity at ₹373.31 crore. Notably, the company is advancing its operational capabilities with the establishment of a new plant in Orissa for asbestos sheets and another facility in Maharashtra for non-asbestos cement boards, signaling robust growth potential. Overall, the results reflect a positive outlook, suggesting strong operational resilience amid ongoing expansion efforts. Investors should monitor this evolving situation closely, given the company's strategic developments and improving financial metrics.