Sandhar Technologies Limited — Others, 07-08-2025: Appointment
07-08-2025 | 05:18 pm
07-08-2025 | 05:18 pm
Sandhar Technologies' board has approved the financial results for the quarter ended June 30, 2025, reporting consolidated revenue of Rs 1,090.09 Cr and a net profit of Rs 28.01 Cr. Key strategic moves include the sale of two Aluminium Die Casting units (TN Unit-I & HR Unit-V) to its wholly-owned subsidiary, Sandhar Ascast Private Limited, aiming for business consolidation and economies of scale. These units contributed Rs 279.33 Cr and Rs 182.84 Cr to last fiscal's revenue, respectively. The company also plans to raise up to Rs 500 Cr and increase borrowing limits to Rs 1,200 Cr, signaling expansion. Shri Jayant Davar's re-appointment as Executive Chairman & CEO was also approved, alongside new Key Managerial Personnel.
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