Popular Foundations Ltd. has announced a board meeting to approve the financial results for the quarter and half-year. The company reported revenue from operations of ₹58.68 Cr for the year, up from ₹51.82 Cr last year. Profit after tax rose to ₹3.81 Cr against ₹3.46 Cr previously. Total expenses increased due to higher material costs and employee benefits. The balance sheet shows growth in reserves and surplus to ₹22.32 Cr, while long-term borrowings were reduced significantly. Operating cash flows faced headwinds due to working capital changes, but financing activities were supported by a sizable increase in share capital. The auditor Krishaan & Co. gave an unqualified opinion on the results. This signals steady business growth with improved profitability and strengthened equity position, positive for shareholders.