Maharashtra Scooters Limited — Board Meeting, 21-10-2024: Outcome of Board Meeting

Maharashtra Scooters Limited reported its unaudited financial results for the quarter and half-year ended September 30, 2024. Total revenue from operations was ₹16,339 lakh, with a profit after tax of ₹15,116 lakh. The board also acknowledged an expenditure of ₹1,408 lakh related to voluntary separation schemes. The company will cease manufacturing operations but continue as a core investment company. An interim dividend of ₹110 per share was declared, amounting to ₹12,571 lakh.