Afcons Infrastructure Limited — Board Meeting, 23-11-2024: Outcome of Board Meeting

The Board of Directors of Afcons Infrastructure Limited has convened to discuss and approve significant initiatives. Key highlights include the approval of the unaudited financial results for the quarter and half-year, revealing a total income of ₹6,303 Cr for H1 FY25, down 5.3% YoY. EBITDA grew 12.8% to ₹799 Cr with a margin of 12.7%. Additionally, the winding-up of an inactive subsidiary, Afcons Infra Projects Kazakhstan LLP, was approved, along with the acquisition of shares in Afcons Overseas Singapore, enhancing the company’s strategic positioning. The board meeting concluded with a strong outlook, backed by a robust order book of ₹34,152 Cr.