Shubhshree Biofuels Energy Limited — Others, 27-05-2025: Appointment
27-05-2025 | 02:28 pm
27-05-2025 | 02:28 pm
Shubhshree Biofuels Energy Limited has announced a board meeting on which it approved the financial results for the quarter and half-year. The company reported consolidated revenue of Rs. 163.30 Cr, expenses of Rs. 152.60 Cr, and a net profit of Rs. 8.09 Cr. Standalone and consolidated EPS stood at Rs. 17.56 and Rs. 17.54, respectively. IPO proceeds of Rs. 16.56 Cr were mainly used for plant expansion, working capital, and corporate purposes, with Rs. 1.44 Cr still unutilized. The company added two subsidiaries and appointed four employees to senior management, while cash balances increased to Rs. 8.85 Cr.
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