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MAHESHWARI LOGISTICS LIMITED submitted their financial results for the quarter and half-year ended September 30, 2024, revealing a mixed performance across segments. The consolidated revenue stood at ₹5,023.13 Cr, with a significant portion coming from the Trading Segment (₹1,276.86 Cr) and the Manufacturing Kraft Paper (₹910.86 Cr). Net Profit for the half-year was reported at ₹87.75 Cr, while total comprehensive income reached ₹85.50 Cr, indicating a stable financial position.
In terms of liabilities, the total liabilities increased to ₹3,924.13 Cr, with major contributions from both current and non-current obligations. The company is aiming for strategic growth amid a competitive landscape. Investors should monitor developments closely as the company is adhering to financial regulations and making necessary operational adjustments to enhance efficiency and profitability. The outlook remains cautiously optimistic, presenting potential growth opportunities in the logistics sector.