Rajvi Logitrade Announces Board Restructuring and Reports Strong Q1 Results
Rajvi Logitrade Limited has made significant changes to its leadership structure, appointing Ankit Gattani as CFO, Dipendra Tak as Additional Director, and Prashant Raval and Rajesh Champanery as Independent Directors. Three directors have resigned. The company reported impressive Q1 financial results with net sales increasing by 410.37% to ₹2,228.43 crore and profit after tax growing by 202.70% to ₹48.22 crore. M/s. Jogi Dipak & Co. has been appointed as the Secretarial Auditor for the next five financial years.
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Rajvi Logitrade Limited , a Gujarat-based company, has announced significant changes to its leadership structure alongside impressive financial results for the first quarter.
Board Restructuring
The company has made several key appointments to strengthen its leadership team:
Mr. Ankit Gattani has been appointed as the new Chief Financial Officer. With over 13 years of experience in financial leadership, Mr. Gattani brings expertise in financial transformation, capital securing, and cost-saving initiatives.
Mr. Dipendra Tak has joined as an Additional Director (Non-Executive, Non-Independent). Mr. Tak, a Cost and Management Accountant with an MBA in Finance and Logistics, brings 25 years of experience in taxation, auditing, compliances, and corporate finance.
Mr. Prashant Raval and Mr. Rajesh Girishchandra Champanery have been appointed as Additional Directors (Non-Executive, Independent). Mr. Raval has a strong background in accounting and finance, while Mr. Champanery brings comprehensive expertise in logistics and transportation business operations.
Simultaneously, the company announced the resignations of three directors:
- Mr. Chirag Hasija (Non-Executive, Non-Independent) has stepped down to pursue personal interests.
- Mr. Amar Nandlal Pal (Independent Director) has resigned due to health issues.
- Mr. Dharmesh Kanubhai Barot (Independent Director) has resigned citing personal reasons.
Q1 Financial Performance
Rajvi Logitrade has reported robust financial results for the quarter:
| Financial Metric | Q1 FY26 | Q1 FY25 | YoY Change |
|---|---|---|---|
| Net Sales | ₹2,228.43 crore | ₹436.83 crore | 410.37% |
| Profit Before Tax | ₹64.44 crore | ₹21.28 crore | 202.82% |
| Profit After Tax | ₹48.22 crore | ₹15.93 crore | 202.70% |
| Basic Earnings Per Share (EPS) | ₹4.82 | ₹1.59 | 203.14% |
The company's net sales saw a significant year-on-year increase of 410.37%, rising from ₹436.83 crore to ₹2,228.43 crore. Profit after tax also showed substantial growth, increasing by 202.70% from ₹15.93 crore to ₹48.22 crore.
Other Developments
In addition to the board restructuring and financial results, Rajvi Logitrade has appointed M/s. Jogi Dipak & Co. as the Secretarial Auditor for the financial years 2024-2025 to 2028-2029. The firm specializes in corporate management consultancy, offering services in corporate laws, secretarial audit, corporate governance, and regulatory advisory.
The company's board meeting, which concluded these decisions, was held on August 11, 2025, at the registered office in Gandhidham, Gujarat.
These developments indicate Rajvi Logitrade's focus on strengthening its governance structure and financial performance as it moves forward.
Historical Stock Returns for Rajvi Logitrade
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | 0.0% | 0.0% | -100.00% | -100.00% | -100.00% |
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