Annual Report for the FY2024-25 and notice of 40th AGM of the Company scheduled to be held on 29th September, 2025
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Mega Corporation Ltd, a Delhi-based NBFC, has submitted its Annual Report for FY2024-25 along with the Notice of its 40th AGM, scheduled for 29th September 2025 at 2:30 PM via video conferencing. The company reported total revenue of Rs. 614.39 lakhs, up about 45% from Rs. 424.46 lakhs in the previous year, driven mainly by a sharp rise in operating revenue to Rs. 601.62 lakhs. However, profit before tax slipped to Rs. 36.74 lakhs from Rs. 53.50 lakhs, and profit after tax fell marginally to Rs. 25.03 lakhs, while EPS improved to Rs. 0.08 from Rs. 0.04. During the year, the company completed a Rs. 1,000 lakh rights issue of 10 crore shares at Re. 1 each on 23rd January 2025, doubling its paid-up equity capital, with proceeds deployed for working capital and general corporate purposes. No dividend has been declared, as profits will be reinvested for business expansion.
Shareholders get no dividend this year as the company is reinvesting its modest earnings into growth. Revenue is growing strongly, but profitability has compressed, and equity has been doubled via a rights issue, so EPS impact is diluted. Overall, this is a routine annual report and AGM notice with no major positive or negative surprise beyond the doubling of share capital.