Arisinfra Solutions Limited has informed the Exchange regarding Resignation of Amit Manhar Gala as Chief Financial Officer of the company w.e.f. July 13, 2025.
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Arisinfra Solutions informed the stock exchanges that Mr. Amit Manhar Gala has resigned as Chief Financial Officer effective July 13, 2025, citing personal reasons. To fill the vacancy, the board appointed Mr. Bhavik Jayesh Khara, the company's existing Whole-time Director, as the new CFO effective July 14, 2025, ensuring continuity since he has been with the company since March 2021. In the same meeting, the board approved audited financial results for Q4 and FY25: standalone revenue stood at ₹5,352.18 million (vs ₹5,478.63 million in FY24), with the standalone net loss narrowing to ₹176.77 million from ₹240.40 million. On a consolidated basis, the company turned profitable with a profit of ₹60.13 million in FY25, compared to a loss of ₹112.98 million in FY24. The company recently completed its IPO and listed on NSE and BSE on June 25, 2025, raising ₹4,995.96 million from the fresh issue.
The CFO transition is smooth and low-risk as the new CFO is an existing Whole-time Director already familiar with the company's operations. The improved FY25 results, especially the swing to consolidated profitability, are positive signals. The recent IPO proceeds strengthen the balance sheet, though standalone operations continue to post losses, which investors should monitor.