Submission of 30th Annual Report of the Company for the F.Y. 2024-2025.
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New Light Industries Ltd has submitted its 30th Annual Report for FY 2024-25 to BSE. The 30th AGM is scheduled for 30th September 2025 at 1:00 PM via video conferencing. The company reported a strong year with revenue from operations rising to Rs. 1,724.57 lakhs from Rs. 1,205.27 lakhs in FY24 (about 43% growth), while net profit more than tripled to Rs. 113.99 lakhs from Rs. 36.64 lakhs. No dividend was declared, with profits retained for future growth. During the year, the company changed its name from New Light Apparels Ltd to New Light Industries Ltd, executed a stock split from Rs. 10 to Re. 1 face value, and raised capital via a preferential allotment of 51.87 lakh shares at Rs. 17 each. The board also flagged plans to diversify into consumer electronics, electric vehicles, and digital/e-commerce businesses alongside its core textile operations.
Strong revenue and profit growth is a positive signal for shareholders, though the absence of a dividend means returns will depend on stock price appreciation. The stock split and name change improve liquidity, while diversification plans into new sectors could unlock future value but also raise execution risk for this small-cap textile company.