Updater Services Limited — Others, 27-01-2025: Appointment

Updater Services Limited has announced a board meeting to review its financial results for the quarter and nine months ended December 31, 2024. The company reported a revenue of ₹7,005.57 million, a significant increase from the previous year’s ₹6,453.96 million, indicating robust operational growth. The profit after tax stood at ₹311.54 million, reflecting a positive trajectory compared to ₹205.40 million last year. The board also approved the appointment of M/s. A K Jain & Associates as the Secretarial Auditor for FY2024-25 and authorized the issuance of shares under the Employee Stock Option Plan. This reflects good governance practices and a commitment to employee engagement. The outlook remains optimistic, potentially enhancing investor confidence in the company’s growth strategy.