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Hercules Hoists Limited has announced a board meeting outcome focusing on its standalone and consolidated financial results for the quarter and nine months ended December 31, 2024. The company reported a total income of ₹136.63 crore, and operating profit before tax was ₹10.28 crore. An interim dividend of ₹1 per equity share was declared, with a record date set for February 14, 2025. Additionally, Mr. Kiran Mukadam was appointed as the Company Secretary and Compliance Officer.
This update suggests a stable financial performance and a commitment to rewarding shareholders, enhancing investor sentiment. The approval of Mr. Mukadam's appointment reflects a strategic move to strengthen governance and compliance within the company.