Gabriel India Limited — Board Meeting, 29-07-2025: Outcome of Board Meeting
29-07-2025 | 01:10 pm
29-07-2025 | 01:10 pm
Gabriel India's board has approved the financial results for the quarter. Consolidated Revenue from Operations stood at Rs 98.96 Cr, with Net Profit after tax at Rs 6.07 Cr.
The company provided key strategic updates: The acquisition of certain assets from Marelli Motherson Auto Suspension Parts for Rs 52.14 Cr was completed on April 1, 2025, leading to a capital reserve of Rs 5.68 Cr. The board also approved a Composite Scheme of Arrangement for merger/demerger, which is pending regulatory approvals. Additionally, a Joint Venture with South Korea's Jinos Co. Ltd for Jinhap Automotive India to manufacture fasteners was greenlit. The company is evaluating an update regarding the Inalfa Gabriel Sunroof Systems JV application.
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