Excellent Wires and Packaging Limited — Board Meeting, 12-11-2024: Outcome of Board Meeting

The Board has announced a meeting where it approved the un-audited financial results for the half-year ended 30th September 2024. Total income from operations reached ₹10.50 crore, reflecting a strong performance, while total expenses were ₹10.01 crore, leading to a net profit of ₹3.67 crore. The company also disclosed it issued bonus shares in a 7:1 ratio and completed an IPO of ₹14 crore, enhancing its equity base significantly. This meeting solidifies the company’s position for future growth and investor returns.