Dear Sir/ Madam, Please find annexed herewith the 36th Annual Report of JMG Corporation Limited for the financial year 2024 - 2025 for your kind perusal and reference. Thanks and Regards,
Awaiting price reaction for this filing.
JMG Corporation Ltd has submitted its 36th Annual Report for the financial year ended 31st March, 2025 to BSE under Regulation 34(1) of SEBI LODR. The company's net sales and other income rose to Rs. 114.11 lakh from Rs. 85.64 lakh in the previous year, but profit after tax nearly halved to Rs. 8.45 lakh versus Rs. 16.78 lakh in FY24. The board has not recommended any dividend as no distributable profits were earned. The 36th AGM will be held on 29th September, 2025 at 12:00 noon via video conferencing, with NSDL e-voting from 25th to 28th September. Shareholders will consider adopting the financial statements and reappointing Mrs. Anita Mishra (wife of Managing Director Atul Kumar Mishra) as a director. Two new directors, Mr. Vivek Bansal and Mr. Subodh Kumar, were appointed during the year.
This is a routine annual compliance filing. While revenue grew roughly 33%, the sharp drop in profit and absence of dividend may disappoint investors seeking income. The stock is thinly traded on BSE and these financials reflect a small-scale company still in the process of finalising its business activities.