Rajoo Engineers Limited has informed the Exchange regarding Appointment of Mr as Other of the company w.e.f. July 12, 2025.
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Rajoo Engineers' board, at its meeting on July 12, 2025, approved the appointment of Mr. Jinesh R. Shah as Chief Sales Officer (Senior Management Personnel) effective the same day. Mr. Shah holds degrees in Polymer/Plastic Engineering and a PG Diploma in Business Administration, bringing 17 years of plastics industry sales and marketing experience. The board also approved the unaudited Q1 FY26 (quarter ended June 30, 2025) results. Consolidated revenue from operations surged to Rs. 8,507.32 lakhs from Rs. 5,087.42 lakhs in Q1 FY25 (~67% growth). Net profit jumped to Rs. 1,501.76 lakhs (including Rs. 65.58 lakhs from joint venture) from Rs. 547.47 lakhs, a ~174% increase. Standalone EPS stood at Rs. 0.88 (consolidated Rs. 0.92) versus Rs. 0.33 in the year-ago quarter. Statutory auditors issued an unqualified limited review report.
Strong double-digit revenue and profit growth signals robust demand for the company's plastic extrusion machinery. The CSO appointment reinforces the sales leadership bench, which is positive for sustaining growth. No negative governance signals; overall a positive development for shareholders.