SRI KPR Industries Announces Board Changes & Committee Updates

Sri KPR Industries Limited has announced key corporate governance changes following board transitions and committee reconstitutions effective November 2025. The company, which manufactures SVP brand A.C. Pr. Pipes under the MAZZA Process, disclosed these developments under Regulation 30 of SEBI Listing Regulations.

Director Cessation and New Chairman Appointment

Mr. Jagadeeshwar Reddy Prodduturi (DIN: 02582809), who served as Independent Director, completed his second and final term on November 13, 2025. His cessation became effective from the close of business hours on that date, marking the end of his tenure as an Independent Director of the company.

Parameter	Details
Director Name	Mr. Jagadeeshwar Reddy Prodduturi
DIN	02582809
Cessation Date	November 13, 2025
Reason	Completion of second term as Independent Director

Following this transition, Mr. Naveena Thammishetty Chandra (DIN: 00231636) was appointed as Chairman of the company, replacing Mr. Jagadeeshwar Reddy Prodduturi with effect from November 14, 2025. The Board of Directors and Management expressed deep appreciation for Mr. Prodduturi's extensive contribution and stewardship towards the company.

Committee Reconstitution

The Board of Directors approved the reconstitution of key committees during their meeting held on November 13, 2025, effective from the same date.

Audit Committee Changes

The Audit Committee has been reconstituted with Mr. Naveena Thammishetty Chandra appointed as Chairman and Mr. Amarnath Narsing Rao Basha joining as a Member.

Position	Director Name	Nature of Directorship
Chairman	Mr. Naveena Thammishetty Chandra	Non-Executive Independent Director
Member	Mr. Amarnath Narsing Rao Basha	Non-Executive Independent Director
Member	Mr. Vineel Reddy Nalla	Non-Executive Non-Independent Director

Nomination and Remuneration Committee Updates

The Nomination and Remuneration Committee has also been reconstituted with new leadership structure.

Position	Director Name	Nature of Directorship
Chairman	Mr. Amarnath Narsing Rao Basha	Non-Executive Independent Director
Member	Mr. Naveena Thammishetty Chandra	Non-Executive Independent Director
Member	Mr. Vineel Reddy Nalla	Non-Executive Non-Independent Director

Independent Director Re-appointment

The company's 37th Annual General Meeting approved the re-appointment of Mrs. Indani Venkata Lakshmi (DIN: 06964136) as Independent Director for a second term. Her appointment spans five consecutive years from December 14, 2025, to December 13, 2030, and she will not be liable to retire by rotation during this period.

These governance changes reflect Sri KPR Industries' commitment to maintaining robust board oversight and compliance with regulatory requirements while ensuring continuity in leadership and strategic direction.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.42%	-5.50%	-5.99%	-8.12%	-30.71%	+104.60%

Sri KPR Industries Limited , a manufacturer of 'SVP' brand A.C. Pr. Pipes, has announced its unaudited financial results for the quarter and half year ended September 30, 2025. The company, which operates through two segments - Pipes Division and Wind Power Division, has shown a mixed performance with notable revenue growth.

Financial Highlights

The consolidated revenue for the half year ended September 30, 2025, stood at Rs. 813.29 crore, marking a 13.4% increase from Rs. 717.20 crore in the corresponding period of the previous year. This growth indicates a positive trend in the company's top-line performance.

Here's a breakdown of the key financial metrics for the half year:

Particulars (in Rs. Lakhs)	H1 FY2026	H1 FY2025	YoY Change
Revenue from Operations	813.29	717.20	13.4%
Total Revenue	898.76	896.81	0.2%
Profit Before Tax	462.28	526.89	-12.3%
Net Profit	412.27	419.13	-1.6%
Earnings Per Share (Rs.)	2.05	2.08	-1.4%

Segment Performance

The company's performance varied across its two main segments:

Pipes Division: This segment showed a decline in revenue, with the half-yearly figure dropping to Rs. 49.51 lakhs from Rs. 124.56 lakhs in the previous year.
Wind Power Division: The Wind Power segment demonstrated strong growth, contributing significantly to the overall revenue increase.

Balance Sheet Highlights

As of September 30, 2025, Sri KPR Industries reported:

Total Assets: Rs. 14,004.59 lakhs
Equity Share Capital: Rs. 2,014.57 lakhs
Other Equity: Rs. 10,606.17 lakhs

Management Commentary

The financial results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on November 13, 2025. Kishan Reddy Nalla, Managing Director of Sri KPR Industries Limited, signed off on the financial statements, indicating the management's endorsement of the results.

Auditor's Review

A.M. Reddy & D.R. Reddy, Chartered Accountants, conducted an independent review of the financial results. They stated that nothing has come to their attention that causes them to believe that the financial results do not present a true and fair view in accordance with applicable accounting standards and other recognized accounting practices.

While Sri KPR Industries has shown resilience with overall revenue growth, the decline in profitability metrics suggests challenges in maintaining margins. The company's performance in the coming quarters may depend on how it manages its costs and capitalizes on the growth in its Wind Power Division.