Crimson Metal Engineering Reports Q1 Revenue Growth, Approves Key Leadership Reappointments

Crimson Metal Engineering Company Limited , a manufacturer and exporter of E.R.W. steel tubes and pipes, has announced its unaudited financial results for the first quarter ended June 30, 2025, along with several key board decisions.

Financial Performance

The company reported revenue from operations of Rs 202.65 crore for Q1, marking a 6.90% increase from Rs 189.56 crore in the corresponding quarter of the previous year. This growth demonstrates the company's resilience and ability to expand its business in the competitive steel industry.

Board Approvals and Reappointments

In a significant move to ensure leadership continuity, the Board of Directors approved several reappointments:

Managing Director Reappointment

Mr. Vinay Kumar Goyal has been reappointed as Managing Director for a three-year term from August 1, 2025, to July 31, 2028. Mr. Goyal, 57, holds a Bachelor's degree in Commerce and brings over 38 years of experience in technical expertise related to steel products.

Whole-time Director Reappointments

• Ms. Uma Rajaram has been reappointed as Whole-time Director for a five-year term from September 29, 2025, to September 28, 2030. Ms. Rajaram, 60, holds a Bachelor's degree in Commerce and has more than 20 years of experience in the steel industry.
• Mr. Chandrakesh Pal has been reappointed as Whole-time Director for a five-year term from November 14, 2025, to November 13, 2030. Mr. Pal, 49, holds a Bachelor's degree in Arts and has over 8 years of experience in the technical aspects of steel products.

Additional Board Decisions

• The Board appointed Ms. S Sivagami as Internal Auditor for the financial year 2025-26. Ms. Sivagami, a B.Com graduate, brings 12 years of experience in finance, accounting, and management information systems.
• The company's 41st Annual General Meeting (AGM) is scheduled for September 29, 2025, to be held through video conferencing.

Outlook

These leadership reappointments and the positive Q1 results indicate Crimson Metal Engineering's commitment to maintaining stability and driving growth in the steel tube and pipe manufacturing sector. The company's focus on experienced leadership and financial performance positions it well for future challenges and opportunities in the industry.