Apollo Sindoori Hotels Limited — Board Meeting, 14-11-2024: Outcome of Board Meeting
14-11-2024 | 04:22 pm
14-11-2024 | 04:22 pm
The Board of Directors approved the unaudited financial results for the quarter and half-year, reporting total revenue from operations of ₹145 crore, with a profit before tax of ₹37 crore for the half-year. Mr. Munish Kumar has been appointed as Group Chief Executive Officer, effective immediately. Shareholder value remains stable with earnings per share at ₹19.79. The results indicate a positive trajectory, although the company continues to navigate increasing employee benefit costs attributed to new contracts and salary increments. The financial statements will be published on the company's website and in the required format.
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