Gravita India Limited — Others, 22-01-2025: Appointment

Gravita India Ltd. has announced a board meeting during which the board approved the un-audited financial results for the quarter and nine months ending December 31, 2024. Key figures include revenue from operations at ₹819.08 crore, with a profit before tax of ₹39.78 crore. Additionally, the re-appointment of Mr. Yogesh Malhotra as Whole Time Director and CEO for three years, and the appointment of Mrs. Shikha Sharma as a Non-Executive Independent Director for five years, were recommended, pending shareholder approval. The outlook appears positive, given the solid financial performance and governance changes.