SMVD Poly Pack Limited — Board Meeting, 14-11-2024: Outcome of Board Meeting

The Board of Directors of SMVD Poly Pack Ltd. has approved the financial results for the half-year ended September 30, 2024, along with the assets and liabilities statement. The un-audited consolidated financial results indicate revenue from operations at ₹2,323.73 Cr, while the net loss for the period stands at ₹5,377.66 Cr. An exceptional item of ₹1,596.47 Cr has been included due to an insurance claim related to a previous fire incident, contributing positively to the overall profit before tax of ₹1,404.13 Cr. Certain board committees have been reconstituted, and there are no immediate plans for new board appointments.