ALPHA TRIBE

Affordable Robotic & Automation LimitedUpdates, 09-11-2024: Press Release

09-11-2024 | 05:44 pm

Affordable Robotic and Automation Limited reported its first half FY2025 financial results, with standalone revenues of INR 41.40 Crore, slightly down from INR 42.65 Crore in the previous year. The company faced increased expenses but secured new orders worth INR 50 Crore, boosting its total order book to INR 130 Crore. Consolidated losses amounted to INR 12.29 Crore. Looking ahead, management is optimistic about recovering losses and expanding its market presence in the US and Europe, targeting sustainable growth.

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