Perfectpac Limited , a prominent player in the packaging industry, has announced the appointment of Smt. Aradhana Saluja as an Additional Director in the capacity of Non-Executive Independent Director. The company also released its unaudited financial results for the first quarter, showing a significant increase in profit.

Board Appointment

The Board of Directors of Perfectpac Limited, in its meeting held on August 4, approved the appointment of Smt. Aradhana Saluja (DIN: 07484577) as an Additional Director. Saluja will serve as a Non-Executive Independent Director for a term of five consecutive years, effective from August 4, subject to shareholder approval.

Smt. Aradhana Saluja, 57, brings a wealth of experience to the board. A graduate in Bachelor of Arts from Delhi University, she also holds a professional degree in Interior Design from New Delhi Polytechnic. With approximately 35 years of experience, Saluja offers a unique blend of creative expertise and business acumen. Her multifaceted skill set spans areas such as business strategy, financial management, human resources, and marketing functions.

Q1 Financial Highlights

Perfectpac Limited also announced its unaudited financial results for the quarter ended June 30. The company reported:

Despite a 27% year-on-year decrease in revenue from operations, Perfectpac Limited managed to significantly improve its profitability. The company's profit for the period increased by 58.47% to Rs. 121.45 lakhs, compared to Rs. 76.64 lakhs in the same quarter of the previous year.

The earnings per share (EPS) for the quarter stood at Rs. 1.82, a substantial increase from Rs. 1.15 in the previous year's corresponding quarter.

Other Board Decisions

In the same board meeting, Perfectpac Limited also appointed M/s. RSM & Co., Company Secretaries, as the Secretarial Auditors of the Company for a period of five consecutive years, subject to shareholder approval.

These strategic decisions and the improved financial performance demonstrate Perfectpac Limited's commitment to strengthening its governance structure and enhancing shareholder value. The company continues to navigate the challenging business environment while focusing on profitability and growth.

Perfectpac Limited , a prominent player in the packaging industry, has announced robust financial results for the first quarter ended June 30, alongside significant board-level appointments.

Financial Performance

The company reported a substantial increase in profitability for Q1:

Despite a 27% year-on-year decline in revenue, Perfectpac Limited managed to significantly improve its bottom line. The company's profit after tax surged by 58.47% to Rs. 121.45 lakhs, compared to Rs. 76.64 lakhs in the same quarter of the previous year.

Board Appointments

In a strategic move to strengthen its leadership, Perfectpac's Board of Directors approved two key appointments:

Independent Director

Smt. Aradhana Saluja has been appointed as an Additional Director in the capacity of Non-Executive Independent Director for a five-year term, effective August 04, 2025. This appointment is subject to shareholder approval.

Smt. Saluja, 57, brings a wealth of experience to the board. A graduate in Bachelor of Arts from Delhi University with a professional degree in Interior Design, she has approximately 35 years of experience spanning business strategy, financial management, and marketing functions.

Secretarial Auditors

The board appointed M/s. RSM & Co., Company Secretaries, as the Secretarial Auditors for a period of five consecutive years from FY2025-26 to FY2029-30, subject to shareholder approval. M/s. RSM & Co., established in 2006, is recognized for its expertise in corporate law compliance and governance.

Management Commentary

Sanjay Rajgarhia, Chairman and Managing Director of Perfectpac Limited, stated, "Our Q1 results demonstrate our ability to enhance profitability even in challenging market conditions. The appointment of Smt. Aradhana Saluja as an Independent Director will bring valuable insights to our board, supporting our strategic growth initiatives."

About Perfectpac Limited

Perfectpac Limited operates in the packaging segment, providing solutions to various industries. The company maintains its registered office at 910, Chiranjiv Tower, 43, Nehru Place, New Delhi-110019.

These financial results and board decisions underscore Perfectpac's commitment to financial growth and strong corporate governance practices as it navigates the dynamic packaging industry landscape.