Nitin Fire Protection Industries Limited — Board Meeting, 28-03-2025: Outcome of Board Meeting

The board meeting has yielded significant outcomes for Nitin Fire Protection Industries Ltd. The Liquidator has approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2024. Standalone income from operations is reported at ₹7.25 crore, with a profit of approximately ₹975.75 crore attributed primarily to exceptional items following the completed liquidation process. Consolidated results show a total income of ₹106.05 crore, translating to a profit of about ₹978.00 crore. The company has successfully transitioned out of liquidation and finalized the sale as a going concern, marking a pivotal moment in its restructuring journey.