45th Annual Report for the Financial Year 2024-2025
Awaiting price reaction for this filing.
RRP Semiconductor Ltd has filed its 45th Annual Report for FY 2024-25 along with the notice of its 45th Annual General Meeting, scheduled for 24th September 2025 at 2:00 PM via video conferencing. The AGM will cover adoption of audited financial statements, re-appointment of Mr. Ramesh Chandra Mishra as director, regularization of Mr. Manas Ranjan Palo as Managing Director for 3 years (effective 1st July 2025 to 30th June 2028) at Rs. 50,000/month, and appointment of Mrs. Sumita Mishra as Non-Executive Non-Independent Director (she resigned as MD on 30th May 2025). As per the brief financial table shared in the explanatory statement, income from operations jumped sharply from Rs. 38 lakh in FY24 to Rs. 3,159.14 lakh in FY25, with net profit after tax at Rs. 846.37 lakh compared to a loss of Rs. 1.70 lakh in the previous year. The company also proposes appointing M/s. Amarendra Mohapatra & Associates as Secretarial Auditor for 5 years.
For retail shareholders, this is largely a procedural filing, but it reveals a dramatic financial turnaround with revenue multiplying over 80x and the company swinging to a sizeable profit. The name change from G D Trading & Agencies Ltd to RRP Semiconductor Ltd signals a strategic business pivot, which investors should review in the detailed annual report. The remuneration of Rs. 50,000/month for the new Managing Director and provisions for minimum remuneration even in absence of profits indicate prudent cost structure.