Super Bakers (India) Limited , a company operating in the food processing sector, has announced its financial results for the first quarter. The company reported a net profit of Rs 10.19 crore, marking a 19.7% decline compared to Rs 12.37 crore in the previous quarter. However, the profit showed a 19.7% increase from Rs 8.51 crore in the same quarter last year.

Financial Highlights

• Total Income: The company's total income remained flat at Rs 22.80 crore for the quarter, derived entirely from other income.
• Revenue from Operations: Super Bakers reported nil revenue from operations, indicating a continuation of its suspended wheat grinding operations.
• Expenses: Total expenses increased to Rs 10.82 crore from Rs 9.61 crore in the previous quarter, primarily due to higher other expenses of Rs 7.25 crore.
• Earnings Per Share (EPS): Basic and diluted earnings per share stood at Rs 0.33, compared to Rs 0.44 in the previous quarter and Rs 0.28 in the same quarter last year.

Key Financial Metrics

Other Notable Points

• The company maintains a paid-up equity capital of Rs 302.16 crore.
• Super Bakers (India) Limited has no outstanding loans or debt securities.
• The company has suspended its wheat grinding operations since February 1, 2015.

Management Commentary

Anil S. Ahuja, Chairman & Managing Director of Super Bakers (India) Limited, stated, "The Board of Directors has reviewed and approved the unaudited financial results for the quarter. While we've seen a slight decline in profits compared to the previous quarter, we're pleased with the year-on-year growth and our ability to maintain a steady income despite the suspension of our wheat grinding operations."

The company's board meeting to approve these results was held on August 12, commencing at 4:00 p.m. and concluding at 4:30 p.m. The financial results have been subject to a limited review by the company's statutory auditors, who have not reported any material misstatements.

Super Bakers (India) Limited continues to operate in a single segment, and the company does not have any subsidiaries or associates. The management has noted that provisions for taxation and deferred taxation, if any, will be made at the year-end.

Super Bakers (India) Limited , a prominent player in the food industry, has made several significant announcements following a board meeting held on July 23, 2025. The company has set the stage for its upcoming Annual General Meeting (AGM) and revealed important changes to its board composition.

Annual General Meeting and E-voting Details

The company's 31st AGM is scheduled for September 25, 2025, at 3:00 p.m. In line with modern corporate practices, the meeting will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM). This decision aligns with the ongoing trend of digital engagement in corporate governance.

To facilitate shareholder participation, Super Bakers has arranged for remote e-voting:

The e-voting system during the AGM will be available for 15 minutes after the meeting concludes.

Key Board Appointments and Re-appointments

The board meeting also resulted in significant changes to the company's leadership:

1. Re-appointment of Managing Director: Mr. Anil S. Ahuja has been re-appointed as the Managing Director for a three-year term, effective January 1, 2026. This decision is subject to shareholder approval at the upcoming AGM. Mr. Ahuja, who holds a B.Com degree, brings over 22 years of experience in the food industry to his role.

2. New Board Addition: Mr. Mann A. Ahuja has been appointed as an Additional Non-Executive Non-Independent Director, effective July 23, 2025. This appointment is also subject to shareholder approval. Mr. Mann Ahuja, holding a B.B.A degree, is noted for his extensive expertise in accounting, management, and administration.

It's worth noting that Mr. Anil S. Ahuja currently holds 92,600 equity shares in the company, while Mr. Mann A. Ahuja does not hold any shares as of the appointment date.

Appointment of Secretarial Auditors

In another key decision, the board has appointed M/s. Nishant Pandya & Associates as the company's Secretarial Auditors. This appointment is for a term of five consecutive years, from the financial year 2025-26 to 2029-30, subject to approval at the upcoming AGM. Mr. Nishant Pandya, the proprietor, brings over six years of experience in corporate laws and finance to this role.

Updated Board Composition

Following these changes, the updated board of Super Bakers (India) Limited includes:

1. Mr. Anil S. Ahuja - Chairman & Managing Director
2. Mr. Sunil A. Ahuja - Non-Executive Director
3. Mr. Mann A. Ahuja - Additional Non-Executive & Non-Independent Director
4. Ms. Anal R. Desai - Non-Executive & Independent Director
5. Ms. Unnati S. Bane - Non-Executive & Independent Director
6. Mr. Hargovind H. Parmar - Non-Executive & Independent Director

The company's key management personnel also include Ms. Ankit Ameriya as Company Secretary & Compliance Officer and Mr. Thakur D. Jaswani as Chief Financial Officer.

These announcements reflect Super Bakers (India) Limited's commitment to corporate governance and strategic leadership as it moves forward in the competitive food industry landscape.