Udayshivakumar Infra Limited — Board Meeting, 14-11-2024: Outcome of Board Meeting

The Board of Directors has announced a board meeting with significant outcomes. The unaudited financial results for the quarter and half-year reflect a 37.99% increase in revenue, reaching ₹76.91 crore, compared to ₹55.42 crore in the previous quarter. However, EBITDA saw a decrease of 118.85% to ₹85.80 crore. Key resolutions include the re-appointment of Mr. Udayshivakumar as Managing Director for five years. The company continues to exhibit strong performance in civil contracts and road constructions, indicating a focus on strategic growth and operational efficiency.