JTL INDUSTRIES LIMITED — Important, 28-01-2025: Updates

The Board of Directors has approved the unaudited financial results for the quarter and nine months ended 31st December 2024. Revenue from operations stands at ₹45,143.23 lakh, with total income reaching ₹45,350.80 lakh. The company reported a profit before tax of ₹3,371.47 lakh, resulting in a net profit of ₹2,497.31 lakh for the period. Earnings per share for the quarter is ₹0.64.

In a significant strategic move, the board approved the voluntary delisting of equity shares from the Metropolitan Stock Exchange, maintaining listings on BSE and NSE. Furthermore, Mrs. Raman Chadha has been appointed as an independent director for five years, while Mrs. Preet Bhatia will step down from her role as an independent director on 12th February 2025. These changes may enhance governance and oversight, aligning with the company's growth trajectory. Investors should watch closely for further developments regarding the delisting decision and its broader implications for market positioning.