Stove Kraft Limited — Board Meeting, 04-08-2025: Outcome of Board Meeting
04-08-2025 | 01:36 pm
04-08-2025 | 01:36 pm
Stove Kraft's board has approved strong financial results for the quarter ended June 30, 2025. Revenue from operations climbed to ₹340.11 Cr, marking a notable increase from the previous year. Profit for the period also surged, reaching ₹10.43 Cr.
In a strategic move, the company granted 18,162 stock options to eligible employees at ₹578.1 per option, designed to vest over four years. Additionally, a one-time gain of ₹1.57 Cr from reassessing lease terms positively impacted earnings. The trading window for Stove Kraft shares will reopen on August 7.
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