Annual Report for FY 2024-25
Awaiting price reaction for this filing.
B & B Realty Limited submitted its 42nd Annual Report for FY 2024-25 along with the 42nd AGM notice, scheduled for 29th September 2025 via video conferencing. Total revenue dropped sharply to Rs. 132.57 lakhs from Rs. 602.24 lakhs in the previous year, a decline of roughly 78%. Profit after tax also fell to Rs. 46.42 lakhs from Rs. 115.95 lakhs. The Board has decided not to recommend any dividend for the year to conserve resources. Statutory auditor M/s G R Venkatanarayana resigned on 14 December 2024, and M/s S R P C & Co LLP was appointed mid-year to fill the vacancy, with their reappointment for five years proposed at the AGM. The auditors and secretarial auditors gave clean reports with no qualifications or adverse remarks.
Shareholders should note a steep year-on-year revenue contraction and a significant drop in profits, which could weigh on the stock in the short term. However, the company remains profitable on a smaller base, the auditor's report is clean, and management is taking steps to preserve cash by skipping dividend and adding a new auditor.