Updates

Shekhawati Industries Limited has reported an increase in its financial performance for the quarter and nine months ended December 31, 2024. The company generated total income of ₹1,567.81 Cr in the quarter, a slight decrease from ₹1,603.62 Cr in the previous year, while total income for the nine-month period amounted to ₹5,137.14 Cr, down from ₹5,574.02 Cr.

The net profit after tax for the quarter was ₹151.20 Cr, compared to ₹235.96 Cr a year ago, and for the nine months, it stood at ₹642.86 Cr against ₹857.91 Cr in the same period last year.

The company's earnings per share (EPS) for the third quarter came in at ₹0.44. Additionally, Shekhawati has diversified into real estate, acquiring land in Pune and commencing construction, signaling a strategic shift that could bolster future growth.

Investors should keep an eye on these developments as they could present new opportunities.