Ravindra Energy has re-appointed Shantanu Lath as Whole Time Director and Chief Executive Officer for a three-year term. The Board of Directors approved the re-appointment during its meeting held on August 14, 2026, based on recommendations from the Nomination and Remuneration Committee.

The new term is effective from August 11, 2026. The appointment is subject to approval by shareholders at the company’s ensuing Annual General Meeting.

Key Details

Mr. Lath, who holds a Bachelor of Commerce degree and is a member of the Institute of Chartered Accountants of India, has been associated with the Ravindra Energy group since 2012. He has served as Chief Executive Officer since September 1, 2019.

Prior to his current role, Mr. Lath held the position of President Director (CEO) at PT. Renuka Coalindo TBK, a step-down subsidiary of Ravindra Energy Limited, for over seven years.

Regulatory Disclosures

The company made the disclosure pursuant to Regulations 30 and 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, read with the SEBI Master Circular dated January 30, 2026. The filing confirms that Mr. Lath is not related to any other Directors or Key Managerial Personnel of the company.

Ravindra Energy reported a year-on-year decline in first-quarter net profit, signaling operational headwinds despite a marginal increase in top-line growth. The company’s consolidated net profit fell 19% to ₹111 million in Q1, down from ₹137 million in the corresponding period of the previous fiscal year.

Revenue showed resilience, rising 3% year-on-year to ₹1.4 billion from ₹1.36 billion. However, this growth was not fully translated into bottom-line gains, as operating efficiency metrics indicated slight compression.

Financial Performance

The company’s earnings before interest, taxes, depreciation, and amortization (EBITDA) remained relatively stable, increasing by just 2% to ₹339 million from ₹332 million. This modest improvement in absolute operating profit contrasts with a slight contraction in profitability ratios.

What the Numbers Show

The divergence between revenue growth and net profit decline highlights a concentration of cost pressures or non-operational factors impacting the bottom line. While EBITDA grew in absolute terms, the EBITDA margin contracted by 14 basis points to 24.20%. This suggests that input costs or operational expenses rose at a faster pace than revenue, eroding operating leverage. The significant drop in net profit relative to the stable EBITDA points to potential increases in interest expenses, tax provisions, or other non-operating charges that are not reflected in the operating metric.