Hot Pursuit     05-Sep-23
RattanIndia Ent appoints Vijay Nehra as COO
RattanIndia Enterprises announced that its board has appointed Vijay Nehra as the chief operating officer (COO) of the company with effect from 4 September 2023.

Nehra has an experience of more than 26 years in various sectors like FMCG, realestate, financial services and angel investing.

In the past he has worked with Hindustan Unilever, Anglo Eastern Group and in his last stint as the CEO of Indiabulls Asset Reconstruction Company.

Rattanindia Enterprises is the flagship company of Rattanindia Group for its new age growth businesses. The company has forayed into electric mobility space through Revolt Motors to democratize clean commute using next-gen mobility solutions.

The company reported a consolidated net profit of Rs 178.78 crore in Q1 FY24 as against Rs 216.04 crore posted in Q1 FY23. Net sales surged 83.9% year on year to Rs 1,267.60 crore in the quarter ended 30 June 2023.

Shares of Rattanindia Enterprises were down 0.29% to Rs 66.05 on the BSE.

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