Patel Integrated Logistics Limited — Investor Meet, 31-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates
31-10-2024 · 04:54 pm
Patel Integrated Logistics Limited reported significant growth in its audited financial results for Q2 FY25. The company achieved a 26% year-on-year increase in net income from operations, totaling Rs. 84.22 crores, and a net profit of Rs. 3.56 crores for the half-year, up 49.7%. The successful over-subscribed rights issue allowed the company to repay loans, making properties mortgage-free and enhancing financial flexibility. Management expressed optimism about future growth and ongoing projects, including potential monetization of assets.
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