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

Metro Brands has announced a board meeting to discuss its financial results for the quarter and nine months ended December 31, 2024. The company reported a total income of ₹726.29 crore for the quarter, with a profit after tax of ₹95.08 crore. The board also addressed the upcoming cessation of Independent Directors Mr. Manojkumar Madangopal Maheshwari and Ms. Aruna Bhagwan Advani effective February 5, 2025. Their replacements, Ms. Radhika Piramal and Mr. Bhaskar Bhat, will join as Independent Directors starting February 6, 2025, which may enhance governance and strategic oversight. This update could foster a positive outlook among investors, given the strong financial performance and new board appointments.