Megatherm Induction Limited — Board Meeting, 24-05-2025: Outcome of Board Meeting
24-05-2025 | 08:28 pm
24-05-2025 | 08:28 pm
Megatherm Induction Limited has announced a board meeting to approve the financial results for the quarter and half-year. Revenue rose 4.65% YoY to ₹320.51 Cr, while profit after tax grew 2.8% to ₹21.31 Cr. EBITDA remained steady at ₹29.48 Cr, supported by controlled expenses and finance costs. The audited results received a clean auditor opinion. The company efficiently deployed ₹27.10 Cr of IPO proceeds into capex and working capital, maintaining ₹26.81 Cr in liquidity to fuel future expansion.
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