Submission of Annual Report for the year ended 31st March 2025
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Gujarat Cotex Limited submitted its Annual Report for FY ending 31st March 2025. Revenue from operations grew strongly from Rs. 1,690.73 lakhs to Rs. 2,730.67 lakhs, a jump of about 61% year-on-year. Profit after tax rose more modestly from Rs. 18.94 lakhs to Rs. 22.13 lakhs, up roughly 17%. The Board has not recommended any dividend and does not propose to transfer any amount to reserves. The Annual General Meeting is scheduled for 30th September 2025 in Silvassa. The directors confirmed the accounts are prepared on a going concern basis, auditors reported no fraud, and the company had no related party transactions under Section 188(1) during the year.
Strong revenue growth is a positive sign of business expansion, but the much smaller growth in profit indicates costs rose faster than sales, squeezing margins. Shareholders will not receive any dividend this year, and the tiny absolute profit base (around Rs. 22 lakhs) signals this remains a very small-scale operation.