Rana Sugars Bolsters Leadership: Appoints Sanjay Kumar Goyal as Senior Vice President

1 min read     Updated on 07 Nov 2025, 01:45 PM
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Overview

Rana Sugars Limited has appointed Mr. Sanjay Kumar Goyal as Senior Vice President, effective November 7, 2025. The Board of Directors approved this appointment on November 6, 2025, following the Nomination and Remuneration Committee's recommendation. Mr. Goyal, a Chartered Accountant with approximately 30 years of experience in the Corporate Sector, brings expertise in accounting, budgeting, MIS, SAP implementation, strategic planning, finance, auditing, and project implementation. This appointment aligns with SEBI regulations and aims to strengthen the company's leadership team.

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Rana Sugars Limited , a prominent player in the sugar industry, has announced a significant addition to its senior management team. The company has appointed Mr. Sanjay Kumar Goyal as Senior Vice President, effective November 7, 2025. This strategic move, approved by the Board of Directors on November 6, 2025, follows the recommendation of the Nomination and Remuneration Committee.

Key Appointment Details

Aspect Details
Appointee Mr. Sanjay Kumar Goyal
Position Senior Vice President
Category Senior Management Personnel
Effective Date November 7, 2025
Approval Date November 6, 2025

Professional Background

Mr. Goyal brings a wealth of experience to his new role at Rana Sugars Limited. His impressive credentials include:

  • Qualification: Chartered Accountant
  • Experience: Approximately 30 years in the Corporate Sector
  • Expertise Areas:
    • Accounting
    • Budgeting
    • Management Information Systems (MIS)
    • SAP Implementation
    • Strategic Planning
    • Finance
    • Auditing
    • Project Implementation

Significance of the Appointment

The appointment of Mr. Goyal as Senior Vice President is a testament to Rana Sugars Limited's commitment to strengthening its leadership team. His extensive experience across various financial and operational domains is expected to contribute significantly to the company's strategic initiatives and overall growth.

Regulatory Compliance

In line with regulatory requirements, Rana Sugars Limited has duly informed the stock exchanges about this appointment. The disclosure was made pursuant to Regulation 30 read with Para A (7) of Part A of Schedule III of SEBI (Listing Obligation Disclosures Requirements) Regulations, 2015.

This appointment marks an important step for Rana Sugars Limited as it continues to evolve and strengthen its management structure. Mr. Goyal's diverse skill set and extensive experience in the corporate sector are likely to bring fresh perspectives and strategic insights to the company's operations.

Historical Stock Returns for Rana Sugars

1 Day5 Days1 Month6 Months1 Year5 Years
+4.46%+5.98%-4.82%-16.95%-30.73%+130.33%
Rana Sugars
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Rana Sugars Ltd Sweetens Q3 FY25 with 158% Profit Surge, Stock Rallies 12%

1 min read     Updated on 03 Mar 2025, 01:24 PM
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Overview

Rana Sugars Limited (RSL) has announced exceptional Q3 FY25 results, with net profit soaring 158% to ₹14.20 crore from ₹5.5 crore in Q3 FY24. Revenue increased by 16% to ₹390.35 crore. The stock market reacted positively, with RSL shares opening 8% higher and reaching an intraday high of ₹15.35, up 12% from the previous close. The company has published its unaudited financial results in compliance with SEBI regulations.

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Rana Sugars Limited (RSL) has reported a remarkable financial performance for the third quarter of fiscal year 2025, defying the overall market weakness and attracting significant investor interest.

Robust Financial Performance

The sugar manufacturer posted a substantial increase in its Q3 FY25 net profit, which soared to ₹14.20 crore, marking an impressive 158% jump from ₹5.5 crore reported in the same quarter of the previous year. This stellar bottom-line growth was accompanied by a solid 16% year-over-year increase in revenue, which reached ₹390.35 crore for the quarter.

Stock Market Reaction

The market responded enthusiastically to Rana Sugars' strong financial results. Despite the prevailing weakness in the broader market, RSL's stock opened 8% higher and continued its upward trajectory throughout the trading session. The shares touched an intraday high of ₹15.35, representing a significant gain of over 12% from the previous close.

Financial Highlights

Metric Q3 FY25 Q3 FY24 YoY Change
Net Profit ₹14.20 crore ₹5.5 crore +158%
Revenue ₹390.35 crore ₹336.51 crore +16%

Regulatory Compliance

In compliance with the Securities and Exchange Board of India (SEBI) regulations, Rana Sugars Limited has duly published its unaudited financial results for the quarter ended December 31, 2024, in leading newspapers. As per the company's filing, the results were published in the Financial Express (English, all editions) and Jansatta (Hindi, Chandigarh edition) on March 2, 2025.

Looking Ahead

The substantial growth in both revenue and profitability suggests that Rana Sugars Limited has potentially benefited from favorable market conditions in the sugar industry, improved operational efficiencies, or a combination of these factors. As the company continues to demonstrate strong financial performance, it may attract further attention from investors and analysts alike.

Shareholders and potential investors are advised to review the detailed financial statements and management commentary for a comprehensive understanding of the factors driving this growth and the company's future outlook.

Historical Stock Returns for Rana Sugars

1 Day5 Days1 Month6 Months1 Year5 Years
+4.46%+5.98%-4.82%-16.95%-30.73%+130.33%
Rana Sugars
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