Anual Report for Financial year 2024-25.
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Comrade Appliances Ltd has submitted its Annual Report for FY 2024-25 along with the notice for its 09th Annual General Meeting, scheduled for September 29, 2025 via video conferencing. Revenue from operations nearly doubled to Rs. 5,731.42 lakhs from Rs. 2,898.87 lakhs in the previous year, a jump of about 98%. However, profit before tax actually fell to Rs. 59.62 lakhs from Rs. 85.21 lakhs, indicating that expenses grew faster than sales and profit margins shrank. Net profit after tax was almost flat at Rs. 53.06 lakhs versus Rs. 52.53 lakhs. The company raised funds by allotting 2 lakh equity shares and 9.5 lakh convertible warrants at Rs. 109 each, and also increased its authorized share capital. No dividend has been recommended, and the directors say funds will be preserved for future business needs.
The strong revenue growth is a positive sign for the small-cap appliance maker, but shrinking margins and flat bottom-line growth suggest the company is struggling to convert sales into profits. Shareholders should watch for signs of margin recovery; the stock may see limited upside until profitability improves meaningfully.