Annual Report for the Financial Year 2024-2025
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Neil Industries Ltd, an RBI-registered NBFC listed on BSE (Scrip Code: 539016), has submitted its 42nd Annual Report for FY 2024-25 and convened its AGM on September 27, 2025 at 11:00 AM via video conferencing. The company reported total revenue of Rs. 313.46 lakhs (down from Rs. 319.69 lakhs in FY 2023-24) and net profit of Rs. 118.74 lakhs (down sharply from Rs. 251.19 lakhs). Net worth stood at Rs. 5,858.50 lakhs with reserves of Rs. 3,903.18 lakhs. The Board has not recommended any dividend as profits are being ploughed back into the business. E-voting facility will be provided by NSDL from September 24 to September 26, 2025, with the cut-off date set as September 19, 2025.
Profit declined significantly year-on-year (down ~53%), which is a negative signal for shareholders, though the company bounced back from prior years' losses. No dividend means no income for shareholders this year. The book closure from September 20-27, 2025 means shareholders must hold shares before September 19, 2025 to be eligible to vote at the AGM.