Kuantum Papers Limited has informed the Exchange regarding Change in Director(s) of the company.
KUANTUM · price
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Awaiting price reaction for this filing.
Kuantum Papers' Board approved audited financial results for FY25. Revenue from operations fell to Rs. 1,107 crore from Rs. 1,211 crore in FY24, while net profit dropped sharply to Rs. 115 crore from Rs. 184 crore (down ~37%), with EPS at Rs. 13.20 vs Rs. 21.07. Despite the profit decline, the Board recommended a 300% dividend (Rs. 3 per share on face value of Rs. 1), amounting to about Rs. 26.2 crore, subject to shareholder approval. The Board re-appointed Shri Jagesh Kumar Khaitan as Chairman for three years effective 17 July 2025, and revised the remuneration and terms of Shri Pavan Khaitan (Vice Chairman & MD) with effect from 1 April 2025. Statutory Auditors M/s O P Bagla & Co LLP were re-appointed for a second five-year term, while Cost, Internal and Secretarial Auditors were also appointed/re-appointed for FY26.
The sharp drop in profits is a concern for shareholders, but the maintained 300% dividend signals management's confidence in cash flows. Re-appointments of Chairman, statutory auditors, and the MD's remuneration revision point to governance continuity at the promoter-driven company; record date is 22 August 2025 and AGM is on 29 August 2025.