Arisinfra Solutions Limited has informed the Exchange regarding Appointment of Bhavik Jayesh Khara as Chief Financial Officer of the company w.e.f. July 14, 2025.
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Arisinfra Solutions announced the resignation of CFO Mr. Amit Manhar Gala effective July 13, 2025, citing personal reasons. Mr. Bhavik Jayesh Khara, an existing Whole-time Director, has been appointed as the new CFO effective July 14, 2025, ensuring continuity in financial leadership. The board also approved audited standalone and consolidated results for FY25: standalone revenue fell slightly to ₹5,352.18 million with a narrowed loss of ₹177.36 million (vs ₹239.40 million loss in FY24). On a consolidated basis, the company swung to a profit of ₹60.13 million (vs ₹172.98 million loss in FY24) on revenue of ₹7,676.72 million. The company recently listed on NSE and BSE on June 25, 2025 after raising ₹4,995.96 million via IPO.
The CFO change is internal (existing director taking over), so no major disruption is expected. The FY25 consolidated turnaround to profitability is a positive signal for shareholders, though standalone operations remain loss-making. Newly listed investors should note the company is still in early growth phase post-IPO.