Hind Rectifiers Limited — Board Meeting, 29-07-2025: Outcome of Board Meeting

Hind Rectifiers' board meeting concluded with key updates for investors. The company approved its consolidated financial results for the quarter ended June 30, 2025, reporting strong revenue growth to Rs 214.77 Cr and a net profit of Rs 12.76 Cr. Strategically, Hind Rectifiers will close its Sweden branch and explore a new location within the European Union. Additionally, 21,132 equity shares were allotted at Rs 85 each under the ESOP 2018 plan. A tax credit of Rs 1.13 Cr was reversed as the company opted for a new concessional tax rate.