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Somi Conveyor Beltings LimitedBoard Meeting, 14-11-2024: Outcome of Board Meeting

14-11-2024 | 05:16 pm

The 9th Board Meeting of SOMI Conveyor Beltings has resulted in the approval of the financial results for the quarter and half-year, ending September 30, 2024. Key highlights include a total revenue of ₹34.20 crore and a profit of ₹2.36 crore attributable to owners. The company also reported improvements in various financial metrics, with a current ratio of 2.39 and a debt-equity ratio of 0.19, indicating a stable financial position. The report underscores continued growth compared to the previous period, reflecting positive operational trends.

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