Meghmani Organics Limited — Important, 26-10-2024: Financial Result Updates

Meghmani Organics Limited announced un-audited standalone and consolidated financial results for Q2 FY2024, reporting revenues of ₹53,262.57 lakhs (standalone) and ₹54,385.02 lakhs (consolidated). Standalone net profit was ₹864.77 lakhs, while the consolidated net loss was ₹926.75 lakhs. The board meeting also discussed past inventory losses from previous fires, with insurance claims in process. Preliminary assessments indicate no significant damage from a recent fire incident. Full results are available on the company’s website.