IRM Energy informed that Karan Kaushal has tendered his resignation from the position of chief executive officer (CEO) of the company with effect from close of business hours on 31 July 2024.
Kaushal stated that he wants to pursue more challenging and creative opportunities.IRM energy (a group company of Cadila Pharmaceuticals) is a city gas distribution (CGD) company in India developing natural gas distribution projects across various districts in the country for industrial, commercial, domestic, and automobile customers.
The companys consolidated net profit zoomed 122.28% to Rs 8.98 crore on 10.39% rise in revenue from operations to Rs 231.59 crore in Q4 FY24 over Q4 FY23.
The scrip ended 0.48% higher at Rs 460.85 on Tuesday, 9 July 2024.
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