Ecos Mobility Board Approves Financial Results, Declares Dividend of INR 2.40 Per Share
The ground transportation service provider operating in over 100 Indian cities announced its quarterly and annual results following a board meeting held today in New Delhi
Ecos (India) Mobility & Hospitality Limited announced today that its Board of Directors has approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2025, and recommended a dividend of INR 2.40 per equity share.
The announcement came following a board meeting held on May 19, 2025, at the company's corporate office in New Delhi. According to the regulatory filing submitted to the BSE Limited and National Stock Exchange of India Limited, the meeting commenced at 1:15 PM and concluded at 2:55 PM.
In compliance with Regulation 29(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015, the company's directors approved both the standalone and consolidated financial results for the period ending March 31, 2025, along with the accompanying audit reports from statutory auditors SS Kothari Mehta & Co. LLP.
The proposed dividend of INR 2.40 per equity share is subject to approval by shareholders at the upcoming Annual General Meeting (AGM).
Ecos (India) Mobility & Hospitality Limited, formerly known as Ecos (India) Mobility and Hospitality Private Limited, provides ground transportation services in more than 100 cities across India and operates in over 30 countries worldwide. The company is listed on both major Indian stock exchanges with the scrip code 544239 on BSE and trading symbol ECOSMOBLTY on NSE.
The auditor's report confirmed that the financial statements present a true and fair view of the company's financial position in accordance with the applicable Indian Accounting Standards and other accounting principles generally accepted in India.
The company's subsidiaries include Eco Car Rental Services Private Limited, Ecreate Events Private Limited, and Consulttrans Technologies Solutions Private Limited, all of which were included in the consolidated financial results.
RELATED ARTICLES
TVS Supply Chain Solutions Head of Strategic Initiatives Resigns
Ravi Prakash Bhagavathula steps down from senior management role after seven years with the company, citing pursuit of p...
Mahindra Logistics Opens New Warehousing Facility in Phaltan for Cummins India
The logistics company has launched a 300,000 square foot facility in Maharashtra to support Cummins India's nationwide d...
Cyient Semiconductor Partners with MIPS to Develop RISC-V Power Solutions
The collaboration will focus on custom silicon solutions for AI power delivery, industrial robotics, and automotive appl...