ALPHA TRIBE

Hubtown LimitedBoard Meeting, 14-02-2025: Outcome of Board Meeting

14-02-2025 | 10:10 pm

The Board of Directors of Hubtown Limited has approved the unaudited consolidated financial results for the quarter ended December 31, 2024. Notable highlights include total income of ₹120.28 crore (cr) and a profit before tax of ₹22.80 crore (cr). The company has also approved a Scheme of Arrangement for the merger with Saicharan Consultancy Private Limited, aimed at consolidating ownership and enhancing financial growth. The merger requires necessary statutory approvals from regulatory authorities and is expected to streamline operations and improve efficiency.

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