Gujarat Apollo Industries Limited — Important, 13-08-2025: Adoption of new line(s) of business
13-08-2025 | 05:38 pm
13-08-2025 | 05:38 pm
Gujarat Apollo Industries' board has approved the financial results for the quarter ended June 30, 2025, reporting a consolidated profit after tax of ₹1.29 Cr and a standalone profit of ₹0.1 Cr. The company is expanding its business by adding new product lines: road construction equipment, with an investment of approximately ₹50 Cr over the next three years, and material handling equipment (specifically pick and carry cranes), investing around ₹15 Cr in the next two years. These new ventures are expected to increase revenue and profit. The company has announced its 38th Annual General Meeting for September 30, 2025, setting September 23, 2025, as the record date.
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