Maharashtra Scooters Limited — Board Meeting, 15-01-2025: Outcome of Board Meeting

Maharashtra Scooters Limited has announced a board meeting where the unaudited financial results for the quarter and nine months ended 31 December 2024 were approved. Total revenue from operations stood at ₹176.68 Cr, supported by interest income of ₹165.3 Cr and dividend income of ₹156.27 Cr. The company reported a profit after tax of ₹162.72 Cr. Additionally, the board reviewed a limited audit report and noted the ongoing challenges in its manufacturing operations, indicating a potential strategic shift towards becoming a Core Investment Company.