Indo-National Limited — Board Meeting, 12-08-2025: Outcome of Board Meeting

Indo National (Nippo) announced Q1 FY25 results: consolidated Profit Before Tax (PBT) stood at Rs 1.19 Cr on Rs 119.44 Cr revenue. Standalone revenue saw a 6.97% YoY growth. The board approved key leadership re-appointments for P. Dwaraknath Reddy (MD) & Aditya Reddy (Jt. MD) for 5 years, also appointing BLN Prasad as an Additional Director. Shareholders advanced the amalgamation of Helios Strategic Systems. Strategic investments include Rs 3.54 Cr in Medcuore Medical Solutions (now an associate) and Rs 8.50 Cr in Axial Aero. The company deposited Rs 4.22 Cr in the CCI penalty case (Rs 42.26 Cr) with no further provision.