ALPHA TRIBE

HLE Glascoat LimitedOthers, 13-11-2024: Copy of Newspaper Publication

13-11-2024 | 04:07 pm

HLE Glascoat Limited has published its standalone and consolidated unaudited financial results for the quarter and half-year ending September 30, 2024. Key figures include total income from operations at ₹11,447.95 crore, net profit before tax of ₹81.09 crore, and net profit after tax of ₹5.31 crore. The company recently acquired a 35.56% stake in Kinam Engineering Industries, affecting the comparability of current results to previous periods. This announcement may indicate a positive outlook for growth, although the impact of consolidation on profitability should be monitored by investors.

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