Pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we are submitting herewith the 43rd Annual Report of the company For the Financial ....
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Awaiting price reaction for this filing.
Multiplus Holdings has filed its 43rd Annual Report for FY 2024-25 with BSE, along with the notice for its Annual General Meeting scheduled for September 30, 2025. Total income rose modestly to Rs. 163.23 lakhs from Rs. 157.63 lakhs last year, while profit after tax dipped to Rs. 102.53 lakhs from Rs. 112.19 lakhs, mainly due to higher current tax of Rs. 34.50 lakhs (vs Rs. 19 lakhs). The Board has not recommended any dividend and has not transferred any amount to reserves. The company proposes to re-appoint M/s DGMS & Co. as statutory auditors and re-appoint Mr. Jayprakash Sheth, who retires by rotation.
Flat top-line growth and lower net profit due to higher taxes may be neutral to mildly negative for shareholders. No dividend means investors relying on income get nothing this year. The re-appointment of existing auditor and promoter-family director is routine and unlikely to affect the stock price significantly.