KEI Industries Limited — Others, 21-01-2025: Change in Management

KEI Industries Limited's Board has approved the standalone and consolidated financial results for the quarter and nine months ended December 31, 2024. Revenue from operations reached ₹24,672.67 Cr, marking a significant increase from ₹20,593.68 Cr year-on-year. The company reported a net profit of ₹1,048.05 Cr, compared to ₹1,506.74 Cr in the prior year. An interim dividend of ₹4.00 (200%) per equity share was declared, with the record date set for January 27, 2025. Additionally, the re-appointment of Mr. Rajeev Gupta as Executive Director (Finance) & CFO for a five-year term, effective June 1, 2025, is underway, showing a commitment to stable leadership. This robust performance could positively influence investor sentiment, highlighting KEI’s growth trajectory and shareholder value return strategy.