IVP Limited Announces Key Board Changes and Q1 FY2026 Results
IVP Limited, a chemicals manufacturer, has made significant changes to its board composition and released its Q1 FY2026 financial results. Rajkumar Lekhwani has been appointed as Non-Executive Director and new Chairman, replacing T. K. Gowrishankar. Mandar P. Joshi has been re-appointed as Whole-Time Director & CEO. The company reported revenue of ₹13,819.00 lakhs and profit of ₹119.00 lakhs for Q1 FY2026, showing a decrease compared to previous periods. Shareholders also approved the appointment of a new Secretarial Auditor for a five-year term.
01Aug 25
IVP Ltd Reports Q1 Results and Announces Leadership Changes
IVP Ltd, a chemicals manufacturer, released its Q1 2025-26 financial results. Revenue remained stable at ₹13,819.00 lakhs, but net profit decreased to ₹119.00 lakhs from ₹343.00 lakhs in Q1 2024-25. EPS dropped to ₹1.15. The company announced leadership changes with Mr. T.K. Gowrishankar stepping down as Chairman, replaced by Mr. Rajkumar Lekhwani effective August 1, 2025. At the 96th AGM, shareholders approved the appointment of a new Secretarial Auditor and Mr. Lekhwani as Non-Executive Director. Mr. Mandar P. Joshi was reappointed as Whole-Time Director & CEO for three years.