Hubtown Limited — Board Meeting, 15-11-2024: Outcome of Board Meeting

The Board of Directors of Hubtown Limited has taken on record the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2024. The standalone revenue from operations stood at ₹48.42 crore for the quarter, resulting in a net profit of ₹22.76 crore. The consolidated income from operations was ₹98.94 crore, with a net profit of ₹29.16 crore. The company did not provide for interest on inter-corporate deposits, totaling ₹20.80 crore for the quarter and ₹41.91 crore for the half-year. The financial statements were subjected to a limited review by statutory auditors.