Art Nirman Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 07, 2025
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Art Nirman Limited has informed the exchange about its 14th Annual General Meeting scheduled for Thursday, August 7, 2025, at 10:30 AM at Club Babylon, S P Road, Bhadaj, Ahmedabad. The company has also submitted its Annual Report for FY 2024-25 along with the AGM notice. For the financial year ended March 31, 2025, the company reported total revenue of Rs 2,778.38 lakhs, down from Rs 3,464.18 lakhs in the previous year. However, profit before tax rose sharply to Rs 196.57 lakhs from Rs 114.61 lakhs, and profit after tax increased to Rs 199.23 lakhs from Rs 117.87 lakhs, showing improved profitability despite lower revenue. The board has not recommended any dividend, citing the need to plough back profits for future growth. Key revenue contributors included work contracts for Club Babylon (Rs 9.14 crores), Shree Vishnudhara Essence (Rs 16.50 crores), and Omkar Enclave (Rs 1.75 crores).
Shareholders should note the AGM date for participation. The sharp improvement in profitability (PAT up ~69% YoY) despite revenue decline signals better margins and cost control, which is positive for the stock. However, the absence of dividend may disappoint income-seeking investors.