KRONOX Lab Sciences Reappoints Key Directors and Announces AGM Book Closure Dates

2 min read     Updated on 25 Jul 2025, 06:34 PM
scanxBy ScanX News Team
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Overview

Kronox Lab Sciences has scheduled its 16th AGM for August 18, 2025, with book closure dates set from August 9 to August 18, 2025. The Board has approved the reappointment of three key executives: Mr. Ketan Ramani as Managing Director, Mr. Jogindersingh Jaswal as Whole Time Director, and Mr. Pritesh Ramani as Whole Time Director, each for three-year terms starting September 1, 2025, subject to shareholder approval. The company has also appointed new Secretarial, Internal, and Cost Auditors.

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*this image is generated using AI for illustrative purposes only.

Kronox Lab Sciences Limited, a prominent player in the chemical industry, has made several key announcements following its recent Board of Directors meeting. The company has set the stage for its upcoming Annual General Meeting (AGM) and made important decisions regarding leadership and auditor appointments.

AGM and Dividend Details

The company has scheduled its 16th Annual General Meeting for August 18, 2025. In preparation for this event, Kronox Lab Sciences has set book closure dates from August 9 to August 18, 2025 (both days inclusive). This period will be used for AGM purposes and to determine the entitlement for the final dividend for the financial year 2024-25, if declared at the AGM.

Leadership Reappointments

The Board has approved the reappointment of three key executives for three-year terms, effective September 1, 2025:

  • Mr. Ketan Ramani has been reappointed as Managing Director. He brings over three decades of chemical industry experience in finance, purchase, and administration.
  • Mr. Jogindersingh Jaswal has been reappointed as Whole Time Director, responsible for production, quality control, and HR activities.
  • Mr. Pritesh Ramani has been reappointed as Whole Time Director, managing sales and marketing operations.

These reappointments are subject to shareholder approval at the upcoming AGM.

Auditor Appointments

The company has made several new auditor appointments:

  1. Secretarial Auditors: M/s. Devesh Pathak & Associates have been appointed as Secretarial Auditors for a five-year term.
  2. Internal Auditors: M/s. Jaimin & Associates have been appointed as Internal Auditors.
  3. Cost Auditors: M/s. Diwanji & Associates have been appointed as Cost Auditors for the financial year 2025-26.

These appointments demonstrate Kronox Lab Sciences' commitment to maintaining strong corporate governance practices.

The upcoming AGM on August 18, 2025, will be a crucial event for shareholders to ratify these decisions and set the course for the company's future.

Historical Stock Returns for Kronox Lab Sciences

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Kronox Lab Sciences Q4 Results: Net Profit Up, EBITDA Margin Declines

1 min read     Updated on 22 May 2025, 05:21 PM
scanxBy ScanX News Team
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Overview

Kronox Lab Sciences announced Q4 financial results with revenue increasing 17.57% YoY to ₹261.00 crore. Net profit rose 6.78% YoY to ₹63.00 crore. However, EBITDA declined 2.53% to ₹77.00 crore, and EBITDA margin contracted significantly from 35.44% to 29.62%. The results indicate strong top-line growth but challenges in maintaining operational efficiency.

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*this image is generated using AI for illustrative purposes only.

Kronox Lab Sciences , a prominent player in the pharmaceutical industry, has unveiled its financial results for the fourth quarter, showcasing a mixed performance with growth in revenue and net profit, albeit with a decline in EBITDA margin.

Revenue Growth

The company reported a significant increase in revenue for Q4, reaching ₹261.00 crore, up from ₹222.00 crore in the same quarter of the previous year. This represents a robust year-over-year growth of approximately 17.57%, indicating strong market demand for Kronox Lab Sciences' products and services.

Profitability Metrics

Net Profit

Kronox Lab Sciences demonstrated improved bottom-line performance in Q4:

Metric Amount (₹ crore)
Q4 Net Profit 63.00
Previous Year Q4 Net Profit 59.00
Sequential Q3 Net Profit 65.00

The year-over-year increase in net profit stands at about 6.78%, reflecting the company's ability to translate higher revenues into improved profitability. However, there was a slight sequential decline of approximately 3.08% compared to the previous quarter.

EBITDA Performance

While the company saw growth in revenue and net profit, its EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) performance showed some pressure:

Metric Amount (₹ crore)
Q4 EBITDA 77.00
Previous Year Q4 EBITDA 79.00

The EBITDA saw a marginal year-over-year decline of about 2.53%.

Margin Analysis

The EBITDA margin for Kronox Lab Sciences experienced a notable contraction:

Metric Percentage
Q4 EBITDA Margin 29.62
Previous Year Q4 EBITDA Margin 35.44

This represents a significant decrease of 5.82 percentage points in the EBITDA margin. The decline in margin despite revenue growth suggests increased operational costs or pricing pressures in the market.

Conclusion

Kronox Lab Sciences' Q4 results present a nuanced picture of the company's performance. While the firm has successfully grown its revenue and maintained profitability growth, the compression in EBITDA margin indicates challenges in maintaining operational efficiency. The company's ability to manage costs and improve margins while sustaining top-line growth will be crucial for its financial health in the coming quarters.

Historical Stock Returns for Kronox Lab Sciences

1 Day5 Days1 Month6 Months1 Year5 Years
+2.98%+1.29%-4.66%+1.45%+19.19%+15.26%
Kronox Lab Sciences
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