Kavveri Defence & Wireless Technologies Limited approved its unaudited financial results for the quarter ended December 31, 2024, reporting a net profit of ₹2.12 crore, contrasting with previous losses.

Key board decisions included appointing Mr. Lakshmipuram Rajagopalachar Venugopal as a Non-Executive Director, and Mr. Sanketh Ram Reddy as an Executive Director, both subject to shareholder approval at an upcoming Extraordinary General Meeting.

The board also ratified related party transactions and proposed an increase in authorized share capital.

This strategic reshuffle could foster investor confidence, enhancing operational stability, despite ongoing revenue challenges.