Jyoti CNC Automation Limited — Board Meeting, 14-11-2024: Outcome of Board Meeting

The board meeting has resulted in the approval of the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2024. The company reported a total revenue of ₹ 69.73 Cr and a net profit of ₹ 11.08 Cr for this period.

Additionally, the board has decided on a significant capacity expansion plan, increasing installed manufacturing capacity by 10,000 machines per annum at an estimated cost of ₹ 400 Cr over two fiscal years, funded through various sources.

Lastly, Mr. P. N. Prasad has been appointed as an Additional Independent Director.