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Pokarna Re-appoints Gautam Chand Jain and Rahul Jain as MDs for 5-Year Terms
Pokarna Limited has announced the re-appointment of its core leadership team to ensure long-term management continuity. Mr. Rahul Jain has been re-appointed as Managing Director for a five-year term effective from May 2, 2026. Furthermore, the company's founder-promoter, Mr. Gautam Chand Jain, will continue as Chairman and Managing Director for another five-year term starting July 1, 2026. These re-appointments are subject to shareholder approval at the upcoming Annual General Meeting and signal a commitment to the company's current strategic path in the granite and quartz sectors.
Key Highlights
Mr. Rahul Jain re-appointed as Managing Director for a 5-year term from May 2026 to May 2031.
Mr. Gautam Chand Jain re-appointed as Chairman & MD for a 5-year term from July 2026 to June 2031.
Leadership continuity secured for the next five years subject to shareholder approval at the ensuing AGM.
Mr. Rahul Jain brings over 20 years of experience, specifically heading the Granite Division.
Mr. Gautam Chand Jain, the Chief Promoter, has led the company since its diversification into natural stone in 1991.
💼 Action for Investors
Investors should take confidence in the leadership stability and continuity of the promoter-led management team. No immediate action is required as this represents a routine but important renewal of executive mandates.
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Pokarna Re-appoints Gautam Chand Jain and Rahul Jain as MDs for 5-Year Terms
Pokarna Limited has announced the re-appointment of its core leadership team for five-year terms starting in 2026. Mr. Gautam Chand Jain, the Chief Promoter, will continue as Chairman and Managing Director from July 1, 2026, to June 30, 2031. Mr. Rahul Jain has been re-appointed as Managing Director for the period from May 2, 2026, to May 1, 2031. These re-appointments, subject to shareholder approval, ensure management continuity for the company's granite and engineered quartz businesses.
Key Highlights
Mr. Gautam Chand Jain re-appointed as Chairman & MD for a 5-year term (2026-2031)
Mr. Rahul Jain re-appointed as Managing Director for a 5-year term (2026-2031)
Both directors have over two decades of experience in the industry and corporate management
Appointments are subject to shareholder approval at the upcoming Annual General Meeting
The leadership team has been instrumental in scaling the 'Quantra' quartz and 'Stanza' apparel brands
💼 Action for Investors
The re-appointment of the promoter-directors signals leadership stability and continuity in long-term strategy. Investors should remain confident in the management's ability to drive the company's specialized stone and quartz business.
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Pokarna Re-appoints Gautam Chand Jain and Rahul Jain as MDs for 5-Year Terms
Pokarna Limited's Board has approved the re-appointment of its core leadership for five-year terms starting in 2026. Mr. Rahul Jain has been re-appointed as Managing Director effective May 2, 2026, while Mr. Gautam Chand Jain will continue as Chairman and Managing Director from July 1, 2026. These appointments, spanning until 2031, ensure management continuity for the granite and quartz surfaces manufacturer. Both appointments are subject to shareholder approval at the next Annual General Meeting.
Key Highlights
Mr. Rahul Jain re-appointed as Managing Director for a 5-year term from May 2, 2026, to May 1, 2031.
Mr. Gautam Chand Jain re-appointed as Chairman and Managing Director for 5 years from July 1, 2026, to June 30, 2031.
The leadership has been instrumental in Pokarna's growth since 1991 in granite and 2006 in engineered quartz.
Re-appointments are subject to shareholder approval at the ensuing Annual General Meeting.
💼 Action for Investors
This move ensures management stability and continuity of the company's long-term strategy. Investors should monitor the upcoming AGM for formal approval of these leadership roles.
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Pokarna Q3 FY26 Standalone Results: Net Loss Widens to ₹3.88 Crore
Pokarna Limited reported a standalone revenue of ₹6.97 crore for the quarter ended December 31, 2025, a marginal increase from ₹6.67 crore in the same period last year. However, the company's standalone net loss widened significantly to ₹3.88 crore compared to a loss of ₹2.12 crore in Q3 FY25. Total expenses rose to ₹12.47 crore, primarily driven by a surge in other expenses and higher finance costs. The granite segment remains the primary revenue driver, while the company continues to rely on dividends from its subsidiary, Pokarna Engineered Stone Limited.
Key Highlights
Standalone Revenue from operations grew 4.4% YoY to ₹696.90 Lakhs.
Net loss for the quarter widened to ₹388.46 Lakhs from ₹211.68 Lakhs in Q3 FY25.
Other expenses surged by 39% YoY to ₹609.98 Lakhs.
Finance costs increased to ₹114.57 Lakhs compared to ₹97.67 Lakhs in the previous year.
Standalone Basic EPS for the quarter stood at negative ₹1.25.
💼 Action for Investors
Investors should exercise caution as the standalone granite business remains loss-making with widening margins. The primary value driver remains the subsidiary, Pokarna Engineered Stone Limited, and performance there should be closely monitored.
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Pokarna Q3 Standalone Revenue at ₹6.97 Cr; Net Loss Widens to ₹3.88 Cr YoY
Pokarna Limited reported a standalone revenue of ₹696.90 Lakhs for the quarter ended December 31, 2025, a marginal increase of 4.4% compared to ₹667.38 Lakhs in the same quarter last year. However, the standalone net loss widened significantly to ₹388.46 Lakhs from a loss of ₹211.88 Lakhs in the year-ago period. The widening loss is primarily attributed to a sharp rise in 'Other Expenses' and sustained high finance costs. The company's granite segment continues to face profitability challenges at the standalone level.
Key Highlights
Standalone revenue from operations stood at ₹696.90 Lakhs, up from ₹667.38 Lakhs YoY.
Net loss for the quarter widened to ₹388.46 Lakhs versus a loss of ₹211.88 Lakhs in Q3 FY25.
Total expenses increased to ₹1,247.26 Lakhs, driven by a 39% YoY increase in Other Expenses to ₹609.98 Lakhs.
Finance costs remained elevated at ₹114.57 Lakhs for the quarter.
Standalone Earnings Per Share (EPS) declined to -₹1.25 from -₹0.68 in the corresponding previous quarter.
💼 Action for Investors
Investors should exercise caution as the standalone granite business remains loss-making with widening margins. The primary value of Pokarna lies in its subsidiary, Pokarna Engineered Stone Limited, and investors should analyze consolidated results to gauge the overall group performance.