Stove Kraft reports H1 profit jump, approves employee stock options

Stove Kraft Limited reported its unaudited standalone financial results for the quarter and half year ended September 30, 2025. For the half year ended September 30, 2025, the company recorded total income of INR 8,137.18 million and profit before tax of INR 404.97 million. This compares to a total income of INR 7,319.29 million and profit before tax of INR 327.78 million for the half year ended September 30, 2024. Earnings per share (basic) for the half year ended September 30, 2025, stood at INR 9.61, up from INR 7.54 in the corresponding period of the previous year.

The board of directors approved the grant of 6,348 Stock Options to an eligible employee under the Stove Kraft Employee Stock Option Plan 2018. These options, with a face value of INR 10 per equity share, were priced at INR 787.65 per option. The vesting schedule for these options is 10% on the 1st anniversary, 20% on the 2nd, 30% on the 3rd, and 40% on the 4th anniversary from the grant date.

The trading window for company insiders, which closed on September 29, 2025, will reopen on November 6, 2025. This decision aligns with the company's Code of Conduct to Regulate, Monitor and Report Trading by Insiders.