40th Annual Report for the FY 2024-25 and Notice of 40th AGM of the Catvision Limited.
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Catvision Limited has filed its 40th Annual Report for FY 2024-25 along with the notice of its 40th AGM, scheduled for Friday, 26th September 2025 at 1:00 PM via video conferencing. Total revenue stood at Rs 2,072.15 lakhs, marginally up from Rs 2,058.75 lakhs in the previous year. The company reported a standalone loss after tax of Rs 30.40 lakhs, compared to a profit of Rs 609.86 lakhs in FY 2023-24, which had benefited from an exceptional item of Rs 648.99 lakhs. On a consolidated basis, the loss after tax narrowed to Rs 32.06 lakhs. The Hospitality Sales Division grew 15% year-on-year and the Channel Marketing Division grew 27%, while the Network Systems Division saw continued decline. No dividend has been recommended due to operational losses. Two new independent directors were appointed in November 2024 to fill vacancies, and the CFO took on additional responsibility as Company Secretary after the previous one resigned.
Revenue growth is marginal and the company remains in operational loss territory, though losses have narrowed compared to the prior year excluding exceptional items. Shareholders should note there is no dividend this year, and operating performance is mixed across divisions with services growing while product sales decline.