Mahalaxmi Fabric Mills Limited — Board Meeting, 14-11-2024: Outcome of Board Meeting

The Board of Directors of Mahalaxmi Fabric Mills Limited has approved its unaudited financial results for the second quarter and half-year ending 30th September 2024. The consolidated revenue from operations stood at ₹87.01 crore, while the standalone revenue was ₹42.59 crore. The company reported a profit of ₹0.41 crore for the quarter. The meeting also reviewed financial metrics and operations aligned with ongoing corporate strategies, including the impact of the recent demerger scheme that established Mahalaxmi Exports Private Limited as a subsidiary.