Arunis Abode Ltd — Dividend/Bonus, 08-08-2025: Corp. Action
08-08-2025 | 05:04 pm
08-08-2025 | 05:04 pm
Arunis Abode Limited's financial results for the quarter highlight a strategic business shift. The company has entered new operations, including renting and leasing heavy earth-moving equipment and offering construction services, which significantly increased revenue. Concurrently, the company disposed of an investment property, boosting other income. A key corporate action involved divesting its entire shareholding in its subsidiary and associate on April 24, 2025, streamlining its group structure. For the quarter, revenue from operations stood at Rs 13.60 Cr, resulting in a net profit of Rs 0.48 Cr. This transformation focuses on new revenue streams and simplified operations.
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