Integrated Filing- Financial
Ind-Swift Laboratories Ltd. has announced a board meeting to discuss the financial results for the quarter and nine months ended December 31, 2024. The company's total income stood at ₹72.47 crore with a net profit of ₹11.14 crore, reflecting an increase compared to the previous year.
The board approved the results after review from the Audit Committee, aligning with Indian Accounting Standards.
The company has utilized ₹57.65 crore from a preferential issue of convertible warrants for expansion and working capital, with no deviation in fund utilization.
This may evoke a positive outlook among investors due to solid financial performance and adherence to strategic objectives.
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