Apcotex Industries Limited has informed the Exchange regarding Board meeting held on July 30, 2025.
APCOTEXIND · price
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Apcotex Industries announced results for the quarter ended June 30, 2025. Revenue from operations rose about 7.5% to Rs 37,576 lakhs from Rs 34,940 lakhs a year earlier. Net profit grew around 14% to Rs 1,916 lakhs versus Rs 1,676 lakhs in the same quarter last year. Basic and diluted EPS stood at Rs 3.70, up from Rs 3.23. The Board also appointed Mr. Vivek Thakur, a Chartered Accountant with over 24 years of experience (including 13+ years in the chemicals sector at firms like Sudarshan Chemical and Cummins), as the new Chief Financial Officer effective July 30, 2025. The statutory auditor M/s Manubhai & Shah LLP issued an unqualified audit opinion on the results.
A solid quarter with double-digit profit growth and improved EPS signals healthy operating performance, which is generally positive for shareholders. The appointment of a seasoned CFO from the chemicals industry may be viewed as a stability and governance positive, though the market will watch how the transition plays out.