AG Ventures Limited — Board Meeting, 12-11-2024: Outcome of Board Meeting
The board meeting has concluded with the approval of the financial results for the quarter and half-year. Key highlights include:
- Standalone revenue from operations of ₹388.57 crore for the quarter ended September 30, 2024, compared to ₹370.83 crore for the same period last year.
- Consolidated revenue reached ₹3,211.13 crore for the latest quarter, up from ₹2,005.15 crore year-on-year.
- A significant exceptional loss of ₹37,494.57 crore was recorded.
- Profit after tax from continuing operations was a loss of ₹39.70 crore, while profits from discontinued operations amounted to ₹754.22 crore.
Overall, the results indicate a challenging quarter, influenced by significant exceptional items, yet demonstrate positive operational revenue growth. For detailed financial data, investors can reference the company’s website.
