ALPHA TRIBE

Sandhar Technologies LimitedOthers, 07-08-2025: Appointment

07-08-2025 | 05:08 pm

Sandhar Technologies' Board approved the financial results for the quarter ending June 30, 2025. Standalone revenue grew to ₹728.12 Cr (Net Profit: ₹25.40 Cr), while consolidated revenue hit ₹1090.09 Cr (Net Profit: ₹28.01 Cr). To optimize operations, the company will sell two Aluminium Die Casting units (TN Unit-I & HR Unit-V) to its wholly-owned subsidiary, Sandhar Ascast Private Limited, aiming for economies of scale. The Board also okayed raising up to ₹500 Cr capital, increasing borrowing limits to ₹1,200 Cr, and raising authorized share capital to ₹80 Cr to fuel future growth. Jayant Davar's re-appointment as Executive Chairman & CEO was also affirmed.

No comments yet. Be the first to comment!

All announcements from Sandhar Technologies Limited