Heranba Industries Limited — Board Meeting, 13-11-2024: Outcome of Board Meeting

The Board of Directors of Heranba Industries has approved the un-audited financial results for the quarter and half-year ending September 30, 2024. Key highlights include revenues of ₹440.48 crore for the quarter and ₹737.87 crore for the half-year, with a profit after tax of ₹37.65 crore and ₹54.26 crore, respectively. The company reported an EBITDA of ₹62.57 crore, reflecting an EBITDA margin of 14.2% for Q2. Additionally, the Board has sanctioned the incorporation of a new foreign joint venture in China.