Shanthi Gears Limited — Important, 22-10-2024: Financial Result Updates

Shanthi Gears Limited reported a solid performance for Q2 FY2024-25, with revenue rising 15% to ₹155.1 crores and profit before tax increasing 16% to ₹34.3 crores compared to the previous year. The company achieved a notable Return on Invested Capital (ROIC) of 60% and generated free cash flow of ₹4.2 crores. As of September 30, 2024, the unexecuted order book stood at ₹317 crores, highlighting ongoing business momentum.