Visaka Industries Limited — Board Meeting, 12-11-2024: Outcome of Board Meeting

The Board of Directors has approved the audited financial results for the quarter and half-year ended September 30, 2024. The company reported a revenue from operations of ₹30,734.58 crore, with an overall loss of ₹1,607.29 crore for the half-year. The Statutory Auditors, Price Waterhouse & Co. Chartered Accountants LLP, have issued unmodified audit opinions on the financial results. Additionally, the results were reviewed by the Audit Committee prior to the board meeting, highlighting ongoing operational challenges in achieving profitability.