31st Annual Report of BNR Udyog Limited
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BNR Udyog Ltd has filed its 31st Annual Report for the financial year ending March 31, 2025, with the 31st AGM scheduled for July 22, 2025 via video conferencing. Total income dropped sharply to Rs. 166.65 lakhs from Rs. 723.72 lakhs in the previous year, largely due to a steep fall in other income (Rs. 11.55 lakhs vs Rs. 420.56 lakhs). The company swung from a profit after tax of Rs. 444.57 lakhs in FY 2023-24 to a loss of Rs. 54.84 lakhs in FY 2024-25. No dividend has been recommended for the year. The notice also seeks shareholder approval for appointing a new secretarial auditor (M/s. Aakanksha Dubey & Co. for 5 years) and re-appointing Mr. Kamal Narayan Rathi as Managing Director and Mr. Sandeep Rathi as Executive Director for another 3-year term.
Shareholders should note the dramatic swing from profit to loss and the steep revenue decline, which could weigh negatively on sentiment. The company operates in IT/ITES, business support services, and investments, so the sharp drop in other income suggests weaker investment-related gains this year. No dividend payout means income-seeking investors get nothing this year, though promoter family control remains unchanged with the MD holding ~57.9% stake.