Metro Brands Limited — Others, 16-01-2025: Appointment

Metro Brands has announced a board meeting where key updates were approved, including the unaudited financial results for the quarter and nine months ended December 31, 2024. The results show a revenue from operations of ₹687.86 crore, resulting in a profit after tax of ₹94.12 crore, showcasing a strong performance compared to previous quarters. Notably, Mr. Manojkumar Madangopal Maheshwari and Ms. Aruna Bhagwan Advani will complete their terms as Independent Directors on February 5, 2025. They will be succeeded by Ms. Radhika Piramal and Mr. Bhaskar Bhat as additional Independent Directors starting February 6, 2025. This management change, alongside solid financial performance, could boost investor sentiment, indicating a positive outlook for the company moving forward.