ALPHA TRIBE

Gujarat Apollo Industries LimitedBoard Meeting, 30-05-2025: Outcome of Board Meeting

30-05-2025 | 09:33 pm

Gujarat Apollo Industries has announced a board meeting approving the financial results for the quarter and half-year. Consolidated revenue rose to ₹57.07 Cr from ₹41.16 Cr, led by strong demand in construction and mining machinery. Consolidated net profit turned positive at ₹0.13 Cr versus a loss last year. Standalone revenue also grew, though a net loss of ₹0.64 Cr was reported. Operational efficiency improved with tight cost control. Cash flow from operations faced pressure but was supported by ₹0.85 Cr raised through share warrants. The company is focused on scaling volumes in its key segments.

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