Annual Report of 05th Annual General Meeting of the Company
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GB Logistics Commerce Limited filed its 5th Annual Report along with the notice for its 5th AGM to be held on September 29, 2025. On a standalone basis, revenue from operations rose marginally to Rs 6,505.47 lakhs (vs Rs 6,445.73 lakhs in FY24), while profit after tax was nearly flat at Rs 360.55 lakhs (vs Rs 360.37 lakhs). On a consolidated basis, revenue jumped about 78% to Rs 20,601.76 lakhs and PAT grew roughly 81% to Rs 880.90 lakhs, driven by the wholly owned subsidiary GB Hospitality (India) Pvt Ltd. The company recently completed its IPO in January 2025 and got listed on the BSE SME platform on January 31, 2025. Key AGM items include re-appointment of Mr. Kashyap Pakhide, appointment of VRG & Associates as Secretarial Auditor for 5 years, and raising the borrowing and investment limits under Sections 180(1)(c) and 186 to Rs 150 crores each. No dividend has been recommended for FY25.
Strong consolidated growth signals improving subsidiary contribution, though standalone performance remains flat, suggesting limited core business momentum. The proposed hike in borrowing and investment limits to Rs 150 crores indicates plans for higher leverage or expansion, which shareholders should monitor for capital allocation discipline.