Annual Report 2024-2025
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Coastal Roadways Limited has filed its Annual Report for FY 2024-2025 along with the notice of its 57th Annual General Meeting scheduled for August 8, 2025 via video conferencing. Revenue from Freight & Services rose to ₹4,099.99 lakhs from ₹3,824.17 lakhs in FY24, a growth of about 7.2%. However, surplus from operations fell to ₹146.63 lakhs from ₹226.29 lakhs, largely because the previous year included extraordinary gains of ₹135.82 lakhs that were absent this year. The board has not recommended any dividend, choosing to plough back profits. The statutory auditors (Patanjali & Co.) and secretarial auditor have given clean reports with no qualifications or adverse remarks. The company also voluntarily delisted from the Calcutta Stock Exchange during the year and continues to trade on BSE.
Modest revenue growth but profitability dipped as the prior year had one-off extraordinary gains, making the comparison look weak. No dividend means no immediate income for shareholders. The clean audit report is a positive sign for governance.