Kross Limited — Board Meeting, 07-02-2025: Outcome of Board Meeting

The Board of Kross Limited has approved the unaudited financial results for the quarter and nine months ended December 31, 2024, reporting a total income of ₹1,519.65 Cr for Q3 and ₹4,386.66 Cr for the nine-month period. Profit for the quarter stands at ₹135.99 Cr, showing growth over the previous year. Additionally, the board has proposed setting up a Seamless Tube Plant in Jharkhand, requiring an investment of ₹167 Cr, with completion targeted within 18 months, utilizing internal accruals and bank financing. This strategic move aims to enhance capacity in response to market demand.