NRB Industrial Bearings Limited — Board Meeting, 30-10-2024: Outcome of Board Meeting

NRB Industrial Bearings Limited announced its unaudited financial results for Q2 FY2024, reporting a consolidated revenue of ₹1,689.84 lakhs and a loss after tax of ₹747.55 lakhs. The Board approved the appointment of Mr. Sandeep Deshpande as an Independent Director and issued a postal ballot to seek approval for this appointment. Additionally, the company is implementing strategies to enhance profitability amid a current liabilities situation.