Krypton Industries Limited , a key player in the industrial sector, has announced its audited financial results for the quarter and year ended March 31, 2024, showcasing significant growth in both revenue and profitability.

Financial Highlights

The company reported a robust financial performance for the fiscal year:

Krypton Industries demonstrated strong growth across key financial metrics. The company's net profit surged by 36.5% to Rs 152.75 lakhs, up from Rs 111.89 lakhs in the previous year. This impressive bottom-line growth was supported by a significant increase in revenue from operations, which rose by 27.8% to Rs 4,137.37 lakhs, compared to Rs 3,236.86 lakhs in the prior year.

The company's improved performance is also reflected in its basic earnings per share, which increased from Rs 0.78 to Rs 1.02, representing a 30.8% year-over-year growth.

Dividend Announcement

In a move that signals confidence in the company's financial health and commitment to shareholder returns, Krypton Industries' Board of Directors has recommended a dividend of Rs 1 per equity share. This dividend payout is subject to shareholder approval at the upcoming Annual General Meeting.

Audit Opinion

The company's statutory auditors have expressed an unmodified opinion on the financial results, providing assurance to stakeholders about the accuracy and reliability of the reported figures.

Conclusion

Krypton Industries Limited's financial results for the fiscal year ended March 31, 2024, demonstrate the company's ability to drive growth and enhance profitability in a challenging business environment. The substantial increases in revenue and net profit, coupled with the dividend recommendation, reflect the company's strong operational performance and commitment to creating value for its shareholders.

Krypton Industries Limited , a company listed on the Bombay and Calcutta Stock Exchanges, has announced significant changes to its board composition and corporate structure. The company's Board of Directors convened on August 26, 2025, to approve several key decisions that will shape its future governance.

Board Appointments and Resignations

The Board has approved the appointment of Mrs. Garima Bardia as an Additional Director in the category of Non-Executive Non-Independent, effective August 26, 2025. This appointment is subject to shareholder approval at the upcoming Annual General Meeting (AGM) scheduled for September 23, 2025.

Mrs. Garima Bardia brings a strong financial background to the board, holding a B.Com degree with a specialization in Accountancy. Notably, she has familial ties within the company's leadership, being the daughter-in-law of Managing Director Jay Singh Bardia and the spouse of Whole Time Director Digvijay Singh Bardia.

Simultaneously, Mrs. Vimala Devi Bardia has stepped down from her position as Women Director, citing age and health reasons. Her resignation takes effect from the close of business hours on August 26, 2025. The Board has acknowledged her valuable contributions to the company during her tenure.

Constitutional Amendments

In addition to the changes in directorship, the Board has approved proposals to alter the company's Memorandum of Association (MOA) and Articles of Association (AOA). These amendments are in compliance with Sections 13 and 14 of the Companies Act, 2013, and will be presented for shareholder approval at the upcoming AGM.

Modification of AGM Notice

To accommodate these recent developments, the Board has approved modifications to the AGM Notice originally dated August 12, 2025. The revised notice will incorporate the directorship changes and the proposed constitutional amendments.

Regulatory Compliance

Krypton Industries has affirmed that Mrs. Garima Bardia is not debarred from holding the office of a Director by virtue of any SEBI Order or any other such authority. This statement ensures compliance with regulatory requirements for board appointments.

The company's actions align with the regulations set forth by SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the Companies Act, 2013, demonstrating its commitment to corporate governance and transparency.

These changes mark a significant transition in Krypton Industries' leadership structure, potentially influencing the company's strategic direction in the coming years. Shareholders will have the opportunity to vote on these matters at the AGM, shaping the future governance of the company.