August 30, 2023 Financial By Finance Department

Mahavir Bio Refinery today reported its financial results for the third quarter ended September 30, 2023, showing continued strong performance and growth trajectory.

Q3 Financial Highlights

  • Revenue grew 15% year-over-year to $118 million
  • Gross margin improved to 32%
  • Operating income increased 20% to $22 million
  • Strong balance sheet with reduced debt levels

These results demonstrate the effectiveness of our operational improvements and market strategy.

Official Document
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Tags:
#financial #Q3 #growth #performance
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