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

Hindustan Motors Limited has announced a board meeting where it approved the financial results for the quarter ended 31 December 2024. The total income was ₹6.30 Cr, with a profit before tax of ₹4.86 Cr. Notably, Shri Prakash Sahu has been re-appointed as CEO for another two years starting from 8 February 2025. The company continues to focus on reducing fixed costs and has reported improved liquidity, with current assets surpassing current liabilities. The accumulated losses have significantly decreased, indicating a positive turnaround in financial health.