Please find the attached 38th Annual report for the financial year 2024-25
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Jauss Polymers has filed its 38th Annual Report for FY 2024-25 along with the AGM notice scheduled for September 30, 2025. Revenue is minimal at just Rs. 13.45 lakhs on a standalone basis (up from nil in FY23-24), indicating virtually no active business operations. Standalone net loss narrowed sharply to Rs. 8.64 lakhs from Rs. 56.04 lakhs in the prior year, while the consolidated loss including subsidiary Innovative Container Services Pvt Ltd was Rs. 38.49 lakhs. The Board has not declared any dividend, and the company has only 2 permanent employees on its rolls. The Board affirmed that accounts are prepared on a going concern basis with no material changes in business nature.
Continued losses and negligible revenue raise red flags about the company's operating viability. Shareholders should note the absence of any dividend and the very thin operational base, even though the directors maintain the business is a going concern.