Genus Paper & Boards Limited has informed the Exchange regarding Change in Director(s) of the company.
GENUSPAPER · price
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Awaiting price reaction for this filing.
Genus Paper & Boards' board met on August 12, 2025 and approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Standalone revenue from operations grew about 21% YoY to Rs. 25,057.35 lakhs, while profit after tax rose roughly 41% to Rs. 415.99 lakhs (EPS of Rs. 0.16 vs Rs. 0.11). On a consolidated basis, total income stood at Rs. 25,548.24 lakhs with a profit after tax of Rs. 274.01 lakhs; the wholly owned subsidiary Genus Paper and Coke Limited reported a net loss of Rs. 141.98 lakhs. The board also appointed Mr. Sanjay Kumar Agarwal (the company's current CFO since 2014 and a Chartered Accountant with 24+ years of experience) as Executive Whole-Time Director for 3 years, effective August 12, 2025, subject to shareholder approval. The Committee of Directors for Bank Funding was reconstituted with effect from the same date. The statutory auditor Jethani & Associates issued an unqualified limited review report.
For shareholders, this is broadly positive: the core paper business posted strong double-digit revenue and earnings growth YoY, though the coke subsidiary remains loss-making. The elevation of the long-serving CFO to Whole-Time Director signals continuity in financial leadership, but the announcement does not specify who will assume the CFO role going forward, which investors may want to watch.