According to an exchange filing, Venumuddala Vivek Reddy has resigned from his position as COO due to personal reasons.
MIC Electronics specializes in the design, development, and manufacturing of LED video displays as well as high-end electronics and telecommunications products.
The company reported a 19.9% decline in standalone net profit to Rs 2.17 crore on a 32.8% decrease in revenue from operations to Rs 11.75 crore in Q3 FY25 over Q3 FY24.