ALPHA TRIBE

Gujarat Apollo Industries LimitedBoard Meeting, 13-08-2025: Outcome of Board Meeting

13-08-2025 | 05:28 pm

Gujarat Apollo Industries' board has announced the outcome of its meeting. It approved the Q1 FY25 consolidated financial results, with Revenue from Operations at ₹11.08 Cr and Profit After Tax at ₹1.28 Cr. A significant strategic move involves expanding into Road Construction Equipment (approx. ₹50 Cr investment over 3 years) and Material Handling Equipment, specifically Pick & Carry Cranes (approx. ₹15 Cr over 2 years). The board also fixed September 23, 2025, as the record date for dividend payment. The 38th AGM is scheduled for September 30, 2025.

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