Electrotherm (India) Limited — Board Meeting, 11-02-2025: Outcome of Board Meeting

The Board of Directors of Electrotherm (India) Limited has approved the unaudited financial results for the quarter and nine months ended December 31, 2024. The company reported revenue from operations of ₹1,081.23 Cr and a net profit of ₹88.05 Cr for the quarter, reflecting an increase compared to the previous quarter's revenue of ₹813.68 Cr. Additionally, the Board sanctioned the issuance of 1,20,00,000 6% Non-Cumulative Redeemable Preference Shares worth ₹12 Cr to existing NCRPS holders, subject to various approvals. Mr. Amit Kumar Patwarika has been appointed as Chief Financial Officer, effective immediately.