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Indo Farm Equipment LimitedBoard Meeting, 28-05-2025: Outcome of Board Meeting

28-05-2025 | 07:53 pm

Indo Farm Equipment Limited has announced a board meeting to approve the financial results for the quarter and half-year. Consolidated revenue rose to ₹387 Cr, boosted by cranes and tractors. Profit before tax improved to ₹262 Cr, while net profit stood at ₹235 Cr, reflecting strong operations. The company reported healthy cash flows and successfully completed an IPO, deploying most funds to expand crane manufacturing and cut debt. The board also approved appointing M/s. A Arora & Co as Secretarial Auditors for five years and updated key governance policies.

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