Sharda Motor Industries Limited — Others, 04-02-2025: Appointment

Sharda Motor Industries Limited’s Board has approved the unaudited financial results for the third quarter and nine months ending December 31, 2024. Revenue from operations stood at ₹2,08,671.69 cr, down slightly from the previous year. The company has also recorded a profit before tax of ₹30,933.40 cr for the period, alongside announcing the retirement of President & CFO Mr. Puru Aggarwal on March 31, 2025, followed by Mr. Ghan Shyam Dass’ appointment as his successor from April 1, 2025. Additionally, Mrs. Sarita Dhuper has been reappointed as a Non-Executive Independent Director. This leadership transition alongside stable financial performance provides a neutral outlook for investors, indicating continuity in strategic direction.