Heranba Industries Limited — Updates, 13-11-2024: Press Release

Heranba Industries Ltd. reported robust financial results for the second quarter and half-year ended September 30, 2024. Revenues reached ₹440.48 Cr for Q2 FY25, up from ₹426.13 Cr in Q2 FY24, while half-year revenues increased to ₹737.87 Cr compared to ₹707.13 Cr in H1 FY24. The EBITDA for H1 FY25 was ₹104.04 Cr, reflecting an impressive margin of 14.10%, a significant rise from ₹47.90 Cr and a margin of 6.77% in H1 FY24. The profit after tax for H1 FY25 surged to ₹54.26 Cr, marking a considerable increase from ₹21.30 Cr in H1 FY24. Managing Director Raghuram K. Shetty emphasized the company's consistent growth and ambition to enhance revenue and productivity, positioning FY25 as a pivotal year for Heranba's expansion. Investors should note the company's favorable financial performance and maintain a positive outlook for future growth.