Innovana Thinklabs Limited — Board Meeting, 14-11-2024: Outcome of Board Meeting

The Board of Directors of Innovana Thinklabs Limited has approved the unaudited standalone and consolidated financial results for the quarter and half-year ended 30 September 2024. Key highlights include consolidated revenue from operations of ₹25.47 crore for the half-year, reflecting an increase from ₹24.8 crore in the previous half-year. The net profit for the period stands at ₹11.09 crore, compared to ₹21.12 crore in the same period last year, indicating a year-over-year decline largely due to increased expenses. The financial results also received a positive limited review report from auditors, affirming compliance with applicable accounting standards.