Annual Report of the Company for the Financial Year 2024-25 is attached.
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Awaiting price reaction for this filing.
Nalin Lease Finance Ltd has filed the notice for its 34th Annual General Meeting along with the Annual Report for the financial year ended March 31, 2025. The AGM is scheduled for Saturday, 13 September 2025 at 3:30 p.m. IST through Video Conferencing. On a standalone basis, total income from operations fell 5.65% to Rs. 7.29 crore (from Rs. 7.73 crore in FY24), while net profit declined 8.48% to Rs. 3.52 crore (from Rs. 3.85 crore in FY24). Profit before tax stood at Rs. 4.43 crore. The Board has not recommended any dividend for the year, choosing to plough back profits, and proposes transferring Rs. 75 lakh to General Reserve and Rs. 70.47 lakh to Compulsory Reserve. Shareholders will also consider the appointment of M/s Amrish Gandhi & Associates as Secretarial Auditor for a five-year term (FY26–FY30) and the re-appointment of Mr. Harsh Dilipkumar Gandhi as Director retiring by rotation.
Declining revenues and net profit, combined with no dividend, may be viewed negatively by income-focused shareholders. The filing itself is a routine regulatory disclosure and is unlikely to cause immediate stock price movement, though the underlying earnings contraction is a mild negative signal.