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Awaiting price reaction for this filing.
Odyssey Technologies Limited has submitted its Annual Report for FY2024-25 along with the notice for its 35th Annual General Meeting, scheduled for June 18, 2025 via video conferencing. The Board has proposed a final dividend of Rs. 1 per equity share (face value Rs. 10), which would result in a cash outflow of approximately Rs. 159.05 lakhs. Revenue from operations rose modestly to Rs. 2,725.69 lakhs from Rs. 2,633.17 lakhs in the previous year, a growth of about 3.5%. Profit after tax slipped slightly to Rs. 433.13 lakhs from Rs. 444.78 lakhs, with PAT margin contracting to 15.89% from 16.89%. Retained earnings stood at Rs. 2,343.12 lakhs at year-end. The notice also seeks shareholder approval to appoint M/s. B.Ravi & Associates as Secretarial Auditor for a five-year term (FY26–FY30).
The filing is routine and largely procedural, confirming a stable business with modest revenue growth, a marginal dip in profitability, and a small dividend payout. Shareholders should watch the AGM for management commentary on margins and growth outlook, though no major positive or negative surprise is evident from the numbers.