New CFO appointed; Q2 FY26 net profit rises about 36 percent

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Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+4.3% vs market

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On the reaction day the stock moved 4.3 pts more than Nifty Microcap 250 and 4.3 pts more than its Packaging peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Board appointed Mr Krunal Shah, a Chartered Accountant with over 17 years of experience in finance, accounts and management reporting, as Chief Financial Officer effective November 13, 2025. He was previously CFO at Dholera Industrial City Development Limited. Alongside this, Q2 FY26 revenue from operations rose to Rs 6,202 lakhs from Rs 5,280 lakhs year-on-year. Net profit after tax grew to Rs 717 lakhs against Rs 529 lakhs, up about 36 percent. Half-yearly revenue stood at Rs 11,737 lakhs with net profit at Rs 1,452 lakhs.

Likely market impact

New CFO adds experienced finance leadership. Q2 earnings up about 36 percent year-on-year signal improving operations.