ALPHA TRIBE

Taj GVK Hotels & Resorts LimitedBoard Meeting, 01-08-2025: Outcome of Board Meeting

01-08-2025 | 02:13 pm

Kothari Sugars' board met on Nov 10, approving strong consolidated financial results for the quarter and half-year. For Q2 FY24, revenue hit ~Rs 15.32 Cr with profit at ~Rs 1.69 Cr. H1 FY24 saw revenue around ~Rs 31.49 Cr and profit at ~Rs 3.96 Cr. The company declared an interim dividend of Re 1 per share, with Nov 24 as the record date. Key strategic move: approval to raise up to Rs 100 Cr via a rights issue to fuel growth and working capital needs. Four directors were also re-appointed.

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