Shanthi Gears Ltd. (SGL) standalone net revenue for the December quarter contracted marginally to ₹17.43 crore from ₹17.54 crore over the 12 months precedent days.
Revenue from operations rose 9% to ₹125.54 crore, whereas prices of supplies elevated to ₹67 crore from ₹50 crore, stated the Tube Investments subsidiary in a press release.
SGL generated free money stream of ₹8 crore (₹6.5 crore) and its order ebook grew 19% to ₹142 crore.
The board declared an interim dividend of ₹3 per share and it’s payable by February 23.
On Tuesday, the board introduced the reappointment of its CEO M. Karunakaran for an additional interval of 5 years from February 10.
