ALPHA TRIBE

Aprameya Engineering LimitedBoard Meeting, 11-11-2024: Outcome of Board Meeting

11-11-2024 | 07:13 pm

The Board of Directors of Aprameya Engineering Limited has announced a board meeting during which the key decisions included the approval of the half-yearly financial results for the period ended September 30, 2024. The company's revenue from operations stood at ₹9.27 crore, while total expenses were ₹11.84 crore, resulting in a profit before tax of ₹(2.29) crore. The board also approved the utilization of IPO proceeds and reviewed the relevant auditor certificates. The proceeds from the IPO, net of expenses, amount to ₹24.73 crore, with a significant portion allocated for working capital and general corporate purposes.

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