January 20, 2024 Financial By Investor Relations

Mahavir Bio Refinery announced today its financial results for the fourth quarter ended December 31, 2024, reporting strong performance across all key metrics.

Key Financial Highlights

  • Revenue increased 18% year-over-year to $125 million
  • EBITDA margin improved to 24.5%
  • Net income rose 22% to $18.2 million
  • Strong cash position of $45 million

The company's CEO stated: "These results demonstrate the success of our strategic investments in modernization and sustainability initiatives."

Official Document
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#financial #quarterly #results #earnings
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