Annual Report for FY 2024-25 along with the Notice of 62nd AGM of the Company
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National Standard (India) Limited has filed its 62nd Annual Report for FY 2024-25 along with the notice for its AGM scheduled on September 25, 2025 at 3:00 PM via video conferencing. Revenue from operations rose modestly to ₹2,232.97 lakhs from ₹2,137.32 lakhs, while total income grew to ₹4,046.37 lakhs from ₹3,789.26 lakhs. However, profit after tax declined to ₹1,319.92 lakhs from ₹1,473.86 lakhs, a drop of about 10%, mainly due to higher expenditure. The Board has not recommended any dividend. The company voluntarily delisted its equity shares from the Calcutta Stock Exchange effective February 1, 2025. Other items include re-appointment of Mr. Ravi Dodhia (retiring by rotation) and appointment of Shravan A. Gupta & Associates as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30) at ₹39,000 plus taxes per year.
Mixed signals for shareholders — top-line growth was positive but bottom-line profits shrank, and no dividend is being paid. The Calcutta Stock Exchange delisting simplifies the company to a single listing on BSE but is largely procedural. The Lodha Group continues as the holding company, and corporate governance changes (new Company Secretary, new Secretarial Auditor) are routine.