Separately, the board approved the appointment of Helena Susan as Head–Human Resources and designated her as senior management personnel (SMP). Consequently, Victor Dharmaraj ceased to be an SMP following his transition to new roles and responsibilities.
Shanthi Gears is engaged in the design, manufacture, supply, and servicing of gears and gearboxes.
The company’s standalone net profit tumbled 56.59% to Rs 9.85 crore in Q1 FY27, compared with Rs 22.69 crore in Q1 FY26. Net sales declined 14.38% YoY to Rs 115.49 crore in Q1 FY27.
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