NIBE Limited — Important, 12-08-2025: General Updates

Nibe Limited has reported its financial results for the quarter. Consolidated revenue was Rs. 82.50 Cr with a net profit of Rs. 1.04 Cr. Standalone revenue stood at Rs. 81.19 Cr, yielding a net profit of Rs. 3.89 Cr. The board announced a leadership change, with Mr. Ranjan Choudhary resigning as CEO due to internal reorganization, and Mr. Prakash Khose appointed as the new CEO. The company deferred a preferential share issue citing market volatility, but confirmed no deviation in the utilization of Rs. 7.83 Cr from prior convertible warrants, used for capex and working capital. The company operates in defence and aviation.