Raj Packaging Industries News

Raj Packaging Industries Reports Mixed Quarterly Results and Board Changes

Raj Packaging Industries Limited announced its unaudited financial results for the quarter and half-year ended September 30, 2025. The company reported revenue from operations of Rs 820.44 lakhs for the quarter, with a profit after tax of Rs 2.37 lakhs and earnings per share of Rs 0.05. For the half-year period, revenue reached Rs 1,535.72 lakhs with profit after tax of Rs 14.22 lakhs. The company also announced leadership changes, with Mr. Dayaniwas Sharma ceasing as Non-Executive Independent Director effective August 31, 2025, due to unwillingness to be reappointed for a second term owing to professional commitments at the Institute of Chartered Accountants of India. The board appointed Mr. Chandra Shekhar Agrawal as Additional Director in the category of Non-Executive Independent Director for a three-year term starting November 8, 2025, subject to shareholder approval. Mr. Agrawal is a Chemical Engineering graduate from National Institute of Technology, Rourkela, and served as Past President of Andhra Pradesh Chambers of Commerce and Industries during 2010-11.

Raj Packaging Industries Updates on GST Litigation Across Multiple Fiscal Years

Raj Packaging Industries Limited provided updates on GST litigation matters spanning fiscal years 2020-21 through 2023-24. For FY 2020-21, the company filed a writ petition with the High Court against an order from the Assistant Commissioner (ST), Aghapura Circle. The court granted a stay on recovery proceedings during a hearing on 02.05.2025, and the case was adjourned to 01.09.2025 with the stay extended. For fiscal years 2021-22, 2022-23, and 2023-24, the company filed appeals with the Appellate Authority, GST, Telangana, challenging demands raised by the Assistant Commissioner. The appeal for FY 2021-22 was filed on 30.06.2025, while appeals for FY 2022-23 and 2023-24 were both filed on 19.07.2025. The company stated it will provide further updates as they become available.