StockWatch
·
Plastic Products - Industrial
Management Change10 Aug 2026, 10:20 pm

Caprihans India Director Resigns; Financials Declared

AI Summary

Caprihans India Limited announced the resignation of Mr. Avinash S. Joshi as an Independent Director, effective August 10, 2026. He also ceases to be a member of the Audit Committee and Nomination and Remuneration Committee. The Board expressed appreciation for his contributions. Concurrently, the company declared its standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. Standalone revenue from operations was ₹220.16 crore, with a profit before tax of ₹7.01 crore. Consolidated revenue from operations stood at ₹710.25 crore, with a profit before tax of ₹13.18 crore.

Key Highlights

  • Independent Director Mr. Avinash S. Joshi resigned.
  • Financial results for Q1 FY27 declared.
  • Standalone revenue ₹220.16 Cr, PBT ₹7.01 Cr.
  • Consolidated revenue ₹710.25 Cr, PBT ₹13.18 Cr.
  • Board committee compositions to be adjusted.