Annual Report for the 49th AGM of the company
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M.P. Agro Industries Ltd has submitted its 49th Annual Report along with the AGM notice to BSE under SEBI LODR Regulation 34(1), ahead of its 49th AGM scheduled for September 25, 2025 via video conferencing. Total revenue for FY 2024-25 stood at Rs. 40.82 lakhs, sharply down from Rs. 78.65 lakhs in FY 2023-24, a decline of roughly 48%. Despite the revenue drop, profit after tax rose to Rs. 4.80 lakhs from Rs. 4.38 lakhs, and basic EPS remained flat at Rs. 0.08. The Board has not recommended any dividend, citing accumulated losses from prior years. The AGM notice includes ordinary business items: adoption of audited financial statements and re-appointment of Mrs. Shamim Sheikh, who retires by rotation and is part of the promoter family.
The steep drop in revenue signals continued business weakness, though profits remain marginally positive. Shareholders get no dividend for FY25, and the AGM agenda is largely routine with a promoter-family director up for re-appointment, leaving no meaningful catalyst for the stock.