Submission of Annual Report for Financial Year 2024-25
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Bridge Securities Limited has filed its 30th Annual Report for FY 2024-25 along with the notice for its AGM scheduled for 26th August 2025 via video conferencing. The company reported strong growth with total revenue rising to Rs. 197.69 Lakhs from Rs. 80.03 Lakhs in the previous year, while net profit after tax jumped to Rs. 127.43 Lakhs from Rs. 51.65 Lakhs. EPS stood at Rs. 0.38 (down from Rs. 1.54 due to a 10:1 stock split executed in July 2024). No dividend has been recommended as the company wants to conserve resources for growth. Shareholders will vote on adopting the financial statements, re-appointing Managing Director Harshad Panchal (who retires by rotation), and a special resolution to alter the company's object clause to add agriculture, farming, and related businesses.
The strong profit growth is positive for shareholders, though EPS appears lower purely because of the 10:1 stock split. The proposed entry into agriculture/farming signals a diversification move away from the core securities business, which could change the company's risk profile. No dividend means income-seeking investors won't see near-term payouts.