Ramdevbaba Solvent Limited — Board Meeting, 13-11-2024: Outcome of Board Meeting

The Board of Directors has approved the un-audited standalone and consolidated financial results for the half-year ended 30 September 2024. Key figures include total revenue of ₹405.22 crore compared to ₹296.66 crore in the same period last year, and profit after tax at ₹80.64 crore, up from ₹55.25 crore. The board also confirmed that funds raised through the IPO have been fully utilized as per the prospectus, with no variations noted. Additionally, a capital infusion of ₹50.27 crore from newly issued equity shares was recorded, bolstering the company's financial position.