In terms of the provisions of Regulation 34 of SEBI LODR, 2015 Please find enclosed herewith the Annual Report of the Company for the Financial Year 2024-25 along with the Notice of the ....
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Perfect-Octave Media Projects Ltd submitted its Annual Report for FY ended March 31, 2025, along with the Notice of the 34th AGM scheduled for September 26, 2025 via video conferencing. Total revenue fell sharply to Rs. 77.05 lakhs from Rs. 167.98 lakhs in FY 2023-24, a drop of about 54%. Net profit collapsed to Rs. 1.10 lakhs from Rs. 22.60 lakhs, with EPS nearly zero. The directors did not recommend any dividend and made no transfer to reserves. AGM agenda includes reappointment of Managing Director Mr. Ganeshkumar Kuppan for 3 years at a remuneration ceiling of Rs. 30 lakhs per annum, and appointment of a new secretarial auditor for a 5-year term. The company operates a niche classical music TV channel 'Insync' and acknowledged it is struggling to scale its broadcast business.
Sharply lower revenue and a near-flat profit signal weak operating performance and possible margin compression, which is negative for shareholders. The AGM resolutions are largely routine governance items and unlikely to materially move the stock on their own.