Sadbhav Engineering Limited — Board Meeting, 14-11-2024: Outcome of Board Meeting

The board of Sadbhav Engineering Limited has approved the standalone and consolidated financial results for the quarter and half-year ended September 30, 2024. Key highlights include a consolidated revenue from operations of ₹20,586.38 million for the quarter, down from ₹30,074.06 million in the previous quarter, and a total comprehensive income of ₹4,637.53 million. The company reported a standalone loss before tax of ₹579.96 million, with significant exceptional items impacting results. The financial position shows total assets of ₹6,75,679.64 million, indicating ongoing financial challenges and the need for a restructuring plan.