Patel Integrated Logistics Limited — Board Meeting, 29-10-2024: Outcome of Board Meeting

Patel Integrated Logistics Limited announced the approval of its unaudited financial results for the quarter and half year ended September 30, 2024. The company reported a net profit of ₹203.07 lakhs for the quarter, an increase from ₹134.25 lakhs the previous year. Total income from operations was ₹8422.24 lakhs. The company successfully completed a rights issue, generating ₹9 crores to repay term loans, which is expected to improve cash flow and profitability.