Blackbuck LtdNSE: BLACKBUCK

BLACKBUCK: Revenue grew and losses narrowed in FY24, with major restructuring and improved cash flow

· Issued by Blackbuck Ltd

Revenue from continuing operations rose to ₹2,963.84 million in FY24, with net loss narrowing to ₹1,944.97 million. The company improved liquidity, reduced cash losses, and entered a binding agreement to sell its corporate freight business, while executing a major bonus issue and ESOP plan cancellation.

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