AGM ON 27TH SEPTEMBER, 2025 THROUGH VC/OAVM
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N G Industries Ltd, a Kolkata-based healthcare company, has filed the Annual Report for FY 2024-25 along with the notice for its 31st AGM scheduled for 27th September 2025 via video conferencing. Revenue from operations stood at Rs. 16.55 crore, slightly down from Rs. 16.88 crore in the previous year, while other income rose sharply to Rs. 8.00 crore from Rs. 4.51 crore. Net profit however declined to approximately Rs. 5.03 crore from Rs. 9.11 crore in the previous year. The Board has recommended a dividend of Rs. 3.50 per share (35%) on equity shares of Rs. 10 each, subject to shareholder approval. The company remains debt-free and offers a 15% discount on diagnostic services to its shareholders.
The proposed 35% dividend signals continued shareholder returns despite a notable decline in net profit. The drop in core earnings from Rs. 9.11 crore to Rs. 5.03 crore may concern investors, though debt-free status and steady dividend track record offer some comfort. Shareholders will vote on the dividend and reappointment of Mrs. Neha Goenka at the AGM.