Hikal Limited — Others, 13-11-2024: Copy of Newspaper Publication

Hikal Ltd. has announced a board meeting to discuss the financial results for the quarter and half-year ended 30.09.2024. Total income from operations for the standalone basis stood at ₹2,681.44 crore, up from ₹1,942.25 crore in the same quarter last year. The standalone net profit after tax increased significantly to ₹563.91 crore, compared to ₹288.66 crore in Q2 FY24. The consolidated results, however, showed a net loss of ₹226.85 crore, indicating challenges at the group level. Investors might view the robust standalone performance positively, but the consolidated loss may introduce some concerns regarding overall business stability and future outlook.