Asian Granito CFO Amarendra Gupta resigns

10 Jun 2022 , 01:59 PM

Further, the board of directors of the company, at the meeting held yesterday (9 June 2022), considered and approved the appointment of mehul shah as new chief financial officer (CFO) and key managerial personnel of the company with effect from 10 June 2022. Mehul Shah is Chartered Accountant with over 22 years of experience in strategic accounting, financial operations, profitability management, SAP & ERP implementation, cost optimization, internal audit, compliance management, taxation, fund management, budgeting, training & development and people management with proven track record of delivering consistent business results through adept leadership and application of sound management practice. Asian Granito India is one of the largest luxury surfaces and bathware solutions brands in the country. The company currently exports to more than 100 countries and planning to expand to 120 plus countries. It targets to increase its retail touch points to over 10,000, expand exclusive showrooms to over 500. The companys consolidated net profit declined 38.28% to Rs 12.09 crore on a 10.21% rise in sales to Rs 478.45 crore in Q4 FY22 over Q4 FY21. The scrip shed 0.31% to currently trade at Rs 47.95 on the BSE. Powered by Capital Market – Live News