we are submitting herewith the Annual Report of the Company for the FY 2024-25 along with the Notice of AGM included therein
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Awaiting price reaction for this filing.
Fervent Synergies has filed its 16th Annual Report along with the AGM notice for FY 2024-25. The 16th AGM is scheduled for Thursday, 18th September 2025 at 11:00 AM via video conferencing. The company reported a strong financial turnaround, with operating revenue rising to Rs. 3,245.85 lakh from Rs. 2,430.92 lakh (up ~33.5%) and swinging from a net loss of Rs. 1,284.16 lakh last year to a net profit of Rs. 295.36 lakh in FY25. Total expenses fell sharply to Rs. 2,947.41 lakh from Rs. 3,711.52 lakh. The board did not recommend any dividend. During the year, the company expanded its paid-up share capital from Rs. 30 crore to Rs. 43.75 crore via conversion of 1.37 crore warrants out of 2 crore warrants issued on a preferential basis.
The filing is routine compliance, but the embedded results are positive — a clear turnaround from deep losses to profitability with revenue growth may lift investor sentiment. Shareholders should note the dilution from warrant conversion and that no dividend has been declared despite the profit recovery.