Annual Report for FY 2024-25
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Nyssa Corporation Limited submitted its 44th Annual Report for FY 2024-25 to BSE, with the 44th AGM scheduled for September 30, 2025. On a standalone basis, revenue from operations fell sharply to ₹4.09 crore from ₹6.41 crore in the previous year, a decline of about 36%. Total revenue dropped to ₹4.66 crore from ₹7.40 crore, while profit after tax plunged to ₹35.29 lakh from ₹2.34 crore, down roughly 85%. Consolidated results showed a similar pattern, with revenue falling to ₹5.37 crore and PAT at ₹35.54 lakh. EPS stood at ₹0.12 versus ₹0.78 earlier. The Board has decided not to recommend any dividend to conserve resources for growth. The report also proposes the appointment of Ms. Kavita Raju Joshi as Secretarial Auditor for two years, and notes a change in Company Secretary during the year.
Shareholders should note a steep year-on-year decline in both revenue and profitability, which may weigh on the stock price in the short term. However, the company remains profitable and the Board has chosen to reinvest earnings rather than pay a dividend.