Bharat Seats Limited — Board Meeting, 29-07-2025: Outcome of Board Meeting

Bharat Seats Ltd. has announced a board meeting outcome. The board approved the financial results for the quarter ended June 30, 2025, reporting revenue from operations of ₹427.06 Cr and a profit of ₹9.18 Cr. Auditors noted no qualifications.

The company appointed Mr. Suman Yadav as Senior Management Personnel, a move suggested by the Nomination and Remuneration Committee. A new CSR Trust will be formed jointly with NDR Auto Components Ltd. Investors should note a pending income tax dispute from FY23-24, with demands totaling ₹22.44 Cr in tax and ₹5.24 Cr in penalty. The company has appealed these demands, confident of a favorable outcome.