Borosil Limited — Important, 02-12-2024: Updates

The Board of Directors has scrutinized and approved the unaudited financial results for the quarter and half-year ended September 30, 2024. The standalone revenue from operations reached ₹27,389.05 lakhs, showing a substantial increase from the previous year’s ₹23,487.16 lakhs. This contributed to a total income of ₹28,330.86 lakhs, compared to ₹23,696.14 lakhs from the same period last year. Net profit after tax was ₹1,831.97 lakhs, slightly down from ₹1,853.74 lakhs a year ago.

On the corporate governance front, Mr. Adarsh Menon has been appointed as an Additional Non-Executive, Independent Director for three years. Furthermore, reappointments of Mr. Kewal Handa, Mr. Kanwar Bir Singh Anand, and Mrs. Anupa Sahney as Independent Directors have been recommended for their respective second five-year terms starting February 2025. These changes in leadership and financial strength position Borosil Limited for continued growth, warranting a positive outlook from investors.