Jupiter Wagons Limited — Board Meeting, 29-01-2025: Outcome of Board Meeting

The Board of Directors of Jupiter Wagons Limited has approved the un-audited financial results for the quarter and half-year. For the quarter ended 31 December 2024, the company's total income reached ₹1,044.66 Cr, with a profit of ₹96.43 Cr. Additionally, the board greenlit a fund-raising initiative of up to ₹3,000 Cr through a Qualified Institutional Placement, pending shareholder approval via postal ballot. Mr. Vikash Lohia's designation will change from Wholetime Director to Deputy Managing Director, effective 1 February 2025.