Annual report for the FY 2024-25
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Aditya Spinners Limited submitted its 33rd Annual Report for FY 2024-25 to BSE, along with the notice for its AGM scheduled on 30th August 2025 via video conferencing. The company's gross income stood at Rs. 6,213.10 lakhs, slightly down from Rs. 6,291.82 lakhs in the previous year, while sales turnover rose marginally to Rs. 6,170.59 lakhs from Rs. 6,125.75 lakhs. The company swung from a net profit of Rs. 185.50 lakhs in FY 2023-24 to a net loss of Rs. 182.70 lakhs in FY 2024-25, with a loss before tax of Rs. 217.29 lakhs. The Directors attributed the loss to adverse conditions prevailing during the year and stated that annual accounts were prepared on a going concern basis, expecting positive results in the future. The AGM will also consider the appointment of a new Independent Director and a new Secretarial Auditor for a five-year term.
Shareholders should note the company has reported its first annual loss after tax in recent years, reversing prior profitability. While management remains optimistic about returning to profit, the weak results could weigh on investor sentiment and the stock price in the near term.