B&A Packaging Limited disclosed that Goutamanshu Mukhopadhyay ceased to hold the office of Chief Financial Officer effective August 31, 2026. The departure follows the completion of his fixed-term tenure.

The company informed the Bombay Stock Exchange on September 1, 2026, regarding the change in Key Managerial Personnel. This disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Tenure Details

Mukhopadhyay’s exit marks the end of a three-year service agreement entered into on September 5, 2023. The contract, executed under Section 203 of the Companies Act 2013, covered the period from September 1, 2023, to August 31, 2026.

His appointment as CFO ceased with the close of business hours on August 31, 2026, upon the expiry of the said agreement. The Board of Directors acknowledged his contributions during this period.

Regulatory Compliance

The filing included Annexure A, containing information required under Part A of Para A of Schedule III of the SEBI Listing Regulations. It also referenced SEBI Circular No. SEBI/HO/CFD/CFDPoD-1/P/CIR/2023/123 dated July 13, 2023.

Somnath Chatterjee, Managing Director, signed the intimation letter addressed to the Department of Corporate Services at BSE Limited.

B&A Packaging India Limited reported a significant improvement in profitability for the first quarter of FY27, with net profit rising 40% year-on-year to ₹2.41 crore. The Kolkata-based packaging manufacturer saw revenue from operations grow 20% to ₹41.93 crore, supported by robust demand across its core segments. This financial performance coincides with key leadership appointments aimed at strengthening corporate governance and financial oversight.

The Board of Directors approved the unaudited standalone financial results and the limited review report issued by statutory auditors Salarpuria & Partners during a meeting held on August 7, 2026. In compliance with Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company also announced the appointment of two Key Managerial Personnel (KMPs). Ranadhis Banerjee was appointed as Company Secretary & Compliance Officer effective August 7, 2026, while Sabitabrata Mondal will assume the role of Chief Financial Officer starting September 1, 2026.

Financial Performance Highlights

Revenue from operations increased from ₹34.87 crore in Q1FY26 to ₹41.93 crore in Q1FY27. Profit before tax rose 47% to ₹33.89 crore, while total comprehensive income reached ₹24.42 crore. Earnings per share (basic) stood at ₹4.87, compared to ₹3.47 in the corresponding quarter of the previous year.

Segment-Wise Analysis

The growth was primarily driven by the Paper Sacks segment, which contributed ₹27.45 crore to revenue, up from ₹21.79 crore in Q1FY26. The Flexible Laminates segment also showed steady growth, with revenue increasing to ₹14.41 crore from ₹13.06 crore year-ago. Segment results before tax and finance costs totaled ₹35.78 crore, reflecting improved operational efficiency across both business lines.

What the Numbers Show

The disproportionate rise in net profit (40%) compared to revenue growth (20%) suggests an expansion in operating margins. Cost of materials consumed rose to ₹29.76 crore from ₹22.13 crore, indicating higher input volumes or prices, yet the company managed to convert this into higher absolute profits. The reduction in inventory levels, shown by a decrease of ₹18.00 lakh in work-in-progress and finished goods, points to efficient working capital management. However, finance costs nearly doubled to ₹18.87 lakh from ₹8.98 lakh, warranting monitoring of debt servicing obligations in future quarters.