Re-appointment of Mr. Vishal Jain as Independent Director for second consecutive term of 5 years
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Makers Laboratories' board has approved the re-appointment of Mr. Vishal Jain (DIN 00137986), aged 49, as an Independent Director for a second consecutive term of five years, from November 4, 2025 to November 3, 2030, subject to shareholder approval at the upcoming AGM. He is a commerce graduate with an MBA from SP Jain Institute and a short-term finance course from London Business School, and is not related to any director or KMP. The filing also carries the company's audited standalone and consolidated results for Q4 and FY ending March 31, 2025. Standalone FY25 revenue came in at Rs. 4,294.46 lacs (down from Rs. 4,908.85 lacs in FY24), but the company swung to a standalone profit of Rs. 492.86 lacs versus a Rs. 695.78 lacs loss last year, helped by a Rs. 1,010 lacs one-time gain on sale of property, plant and equipment. On a consolidated basis, FY25 revenue rose to Rs. 12,075.12 lacs with a net profit before non-controlling interests of Rs. 1,341.06 lacs, compared to a Rs. 391.69 lacs loss in FY24. The auditor issued an unmodified opinion, and the board meeting ran from 11:30 a.m. to 12:30 p.m. on May 26, 2025.
Routine governance update — board continuity is preserved with an existing independent director returning for another five-year term, pending shareholder nod at the AGM. The FY25 turnaround from loss to profit is largely driven by a one-time property sale gain, so core operating performance should be examined before drawing major conclusions.