Hindustan Motors Limited — Board Meeting, 29-01-2025: Outcome of Board Meeting

Hindustan Motors has announced a board meeting to discuss the financial results for the quarter and nine months ended 31 December 2024. The preliminary unaudited figures show a total income of ₹6.30 crore, with a profit before tax of ₹4.86 crore. The company also re-appointed Shri Prakash Sahu as CEO for another two years starting 8 February 2025, highlighting continuity in leadership. The meeting underscores the company's ongoing efforts to stabilize finances, reflecting a substantial reduction in accumulated losses from ₹106.84 crore to ₹25.29 crore as of the reporting period.