G.K.P. Printing & Packaging Reports Mixed Q1 Results with Revenue Decline but Profit Growth
Explicit Finance, a packaging industry player, reported mixed Q1 results. Revenue decreased 4.80% year-on-year to Rs. 627.75 lakhs. However, net profit after tax increased to Rs. 1.51 lakhs from Rs. 0.30 lakhs. Net profit before tax rose to Rs. 7.08 lakhs from Rs. 0.30 lakhs. EPS improved to Rs. 0.03 from Rs. 0.00. The Board of Directors approved these results on August 14.
14Aug 25
Explicit Finance Limited Reports Q1 Profit, Appoints New CFO and Independent Director
Explicit Finance Limited reported a profit of Rs. 9.93 lakhs in Q1, compared to a loss of Rs. 0.51 lakhs in the same quarter last year. Total income decreased to Rs. 89.37 lakhs from Rs. 132.00 lakhs. The company appointed Mr. Narendrasinh Zala as CFO cum Executive Director and Ms. Neelam Bhanushali as an Independent Director. The 31st Annual General Meeting is scheduled for September 30.