Mohit Industries Limited — Board Meeting, 14-11-2024: Outcome of Board Meeting

The Board of Directors has announced a meeting outcome, approving the consolidated financial results for the quarter and half-year ended September 30, 2024. Total income reported is ₹26.60 crore, while expenses totaled ₹27.80 crore, reflecting a loss before tax of ₹1.20 crore. The board also confirmed a change in designation for Mr. Naresh Sitaram Saboo to Non-Executive Non-Independent Director. The company reported losses from continuing operations amounting to ₹1.02 crore for the quarter. Comprehensive income stood at ₹12.80 crore, arising from adjustments to fair value and investments.