Religare Enterprises Limited — Board Meeting, 12-11-2024: Outcome of Board Meeting

The Board of Directors of Religare Enterprises Limited has approved the financial results for the quarter and half-year ended September 30, 2024. The company reported a standalone revenue from operations of ₹2,286.30 crore and a net loss for the period of ₹938.33 crore. The consolidated results show a total revenue of ₹197,680.04 crore, with a net loss of ₹6,582.30 crore attributed to the owners. Additionally, Mr. Nitin Aggarwal has resigned as Group CFO, effective immediately. The board meeting addressed significant financial performance amidst ongoing strategic review and restructuring efforts.