Shanthi Gears Limited — Board Meeting, 22-10-2024: Outcome of Board Meeting

Shanthi Gears Limited reported strong financial results for the quarter and half-year ending September 30, 2024. Revenue increased by 15% to ₹155.1 Crores, while profit before tax rose 16% to ₹34.3 Crores. Additionally, the company achieved a remarkable Return on Invested Capital (ROIC) of 60% and generated Free Cash Flow of ₹4.2 Crores. The unexecuted order book stood at ₹317 Crores, reflecting ongoing growth potential.