Jamna Auto Industries Limited — Others, 15-11-2024: Copy of Newspaper Publication
15-11-2024 | 01:02 pm
15-11-2024 | 01:02 pm
Jamna Auto Industries Ltd. reported its financial results for the quarter and half-year ended September 30, 2024. Total income from operations reached ₹2,745.53 lakh, with a net profit after tax of ₹43.67 lakh. The earnings per share stood at ₹0.72.
The company is also in the process of commissioning two new coating units, expected to boost adhesive tape production capacity by 1.25 crore sq. meters, with a project cost of ₹700 lakh. This expansion reflects management's strategic intent to enhance operational capabilities, potentially positioning the company for future growth. Investors may view this positively, given the expected capacity increase, although they should monitor execution risks related to the new projects.
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