Aeroflex Industries Limited — Board Meeting, 15-01-2025: Outcome of Board Meeting

The Board of Directors of Aeroflex Industries Limited has convened and approved the un-audited standalone and consolidated financial results for the quarter and nine months ending December 31, 2024. Notably, the company reported revenue from operations of ₹9,688.74 Cr, a profit before tax of ₹1,922.56 Cr, and a profit for the period of ₹1,481.91 Cr. Additionally, Mr. Kiran C. Kagalkar has been appointed as the Chief Operating Officer effective February 01, 2025. The board also outlined expansion plans which include enhancing capacity in the S S Hose & Braiding division and introducing new products. The total investment for these expansions is estimated at ₹77 Cr.