Honda India Power Products Limited — Important, 10-02-2025: General Updates

The Board of Directors of Honda India Power Products Limited has held a meeting to approve the unaudited financial results for the quarter and nine months ended December 31, 2024. Key financial metrics show total income of ₹21,458 Cr for the quarter, a notable increase from ₹18,709 Cr in the previous quarter, and a profit for the period of ₹1,909 Cr compared to ₹854 Cr in the prior quarter.

The Board also declared a special interim dividend of ₹10 per equity share for the financial year 2024-25, set to be paid on March 10, 2025, with a record date of February 18, 2025. Key personnel changes were made, including the resignation of Ms. Kaori Osakada, the appointment of Mr. Yasuhiro Takabatake as an Additional Director, and the reappointment of Mr. Ravi Prakash Mehrotra as an Independent Director for another term. These developments reflect ongoing corporate governance enhancements and strategic appointments which may positively influence future operations and investor confidence.