Kaira Can Company Ltd — Others, 12-07-2025: Others

Kaira Can Company Limited has announced a board meeting on 13th June, 2025 to consider the financial results for the quarter and half-year. The company has recommended a dividend of Rs. 12 per equity share for the year ended March 31, 2025. The Board has re-appointed Shri Ashok B. Kulkarni as Managing Director and Shri K. Jagannathan as Executive Director for three years from 1st July, 2025, with revised remuneration including performance incentives linked to gross profit. Smt. Varsha R. Jain has been re-appointed as an Independent Director for a second term, and Shri Rushabh Jayant Vora has been appointed as an Independent Director for five years. M/s. P. Mehta & Associates has been appointed as Secretarial Auditors for five years, and M/s. P.D. Modh & Associates as Cost Auditors for 2025-26. The company reported total revenue of Rs. 232.15 Cr and net profit of Rs. 3.84 Cr for FY 2024-25, with export earnings of Rs. 5.26 Cr. The metal can division grew 5% in sales, while the sugar cone division declined 10% due to market demand. The company continues to focus on operational efficiency, technological upgrades, and cost rationalization to improve profitability.