COPY OF 31ST ANNUAL REPORT OF CIL FOR THE YEAR 2024-25
Awaiting price reaction for this filing.
Citizen Infoline Ltd submitted its 31st Annual Report for the financial year ended 31st March 2025 to BSE, which was approved at the 31st AGM held on 12th September 2025. The company reported a net profit of Rs. 3.29 lakhs for FY25, up from Rs. 0.79 lakhs in FY24, with profit before depreciation and tax rising to Rs. 4 lakhs from Rs. 0.79 lakhs. Turnover grew by 103% year-on-year, but no dividend was recommended due to limited profits. The AGM also approved appointments of two new Independent Directors (Mrs. Ashadevi Gogad and Mr. Chirag Jirawala for 5-year terms) following the resignation of three Independent Directors and one Director in July 2025. The company also appointed Ms. Jolly Krutesh Patel as Secretarial Auditor for a 5-year term through FY30.
This is a routine annual compliance filing and is unlikely to move the stock price. While the 103% turnover growth and ~316% jump in net profit are notable, the absolute profit figures are very small (under Rs. 4 lakhs). Shareholders should note the significant board reshuffle with four directors resigning and two new independent directors being appointed, and the absence of any dividend for the year.