Vapi Paper Mills' Board has approved the financial results for the quarter and half-year ended September 30, 2023. For Q2 FY24, the company reported revenue of Rs 172.13 Cr, down from Rs 183.38 Cr in Q2 FY23. Net profit for the quarter stood at Rs 9.81 Cr, a decrease from Rs 11.18 Cr in the same period last year. For the half-year, revenue was Rs 315.47 Cr (down from Rs 380.17 Cr), and net profit was Rs 20.58 Cr (down from Rs 25.86 Cr). These results indicate a challenging period compared to the previous year. No other significant strategic or operational updates were disclosed.