Annual Report 2024-25 of Afloat Enterprises Limited
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Afloat Enterprises Limited has filed its 10th Annual Report for FY 2024-25 along with the notice of its Annual General Meeting to be held on Saturday, September 27, 2025 at 11:30 AM in Rohini, Delhi. The company, listed on the SME platform of BSE, trades in metals (mainly gold bars and coins) and commodities like wheat, rice, corn and oils. For FY25, revenue from operations jumped to Rs. 60.99 lakh (from Rs. 18.88 lakh in FY24), and net profit surged to Rs. 27.43 lakh (from Rs. 2.78 lakh), with EPS rising to Rs. 0.60 from Rs. 0.06. Key AGM agenda items include adoption of financial statements, re-appointment of Mr. Pawan Kumar Mittal (Non-Executive Director) who retires by rotation, and appointment of M/s G Aakash & Associates as Secretarial Auditors for a 5-year term (FY26 to FY30). Remote e-voting will be open from September 24 to September 26, 2025, with cut-off date of September 20, 2025.
Strong top-line and bottom-line growth (revenue up ~3x and net profit up nearly 10x year-on-year) signals a meaningful business recovery or scale-up. Routine items like director re-appointment and secretarial auditor change carry no material impact for shareholders.