ALPHA TRIBE

Frog Cellsat LimitedBoard Meeting, 21-01-2025: Outcome of Board Meeting

21-01-2025 | 05:03 pm

The Board has approved the financial results for the quarter and nine months ended December 31, 2024. Key highlights include total income of ₹56.55 Cr and a net profit of ₹5.26 Cr for the quarter. The Board also authorized the allotment of 46,650 equity shares under the Employees Stock Purchase Scheme (ESPS). The company's operational performance remains strong, with recognition of PLI income of ₹44.74 Cr over the nine-month period, suggesting positive momentum in line with anticipated profit growth.

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