We hereby submitting the Annual Report for FY 2024-25 along with Notice of AGM
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Awaiting price reaction for this filing.
Photoquip India Ltd (BSE: 526588) submitted its 33rd Annual Report for FY 2024-25 and the Notice of its AGM scheduled for September 30, 2025 in Mumbai. The company turned profitable with a net profit after tax of Rs. 34.10 Lacs compared to a net loss of Rs. 223.07 Lacs in FY 2023-24. Total income rose to Rs. 1,809.10 Lacs from Rs. 1,649.55 Lacs, while EPS recovered to Rs. 0.57 from a negative Rs. 4.17. However, exports dropped sharply to Rs. 20.27 Lacs from Rs. 93.56 Lacs, and no dividend has been recommended. The AGM agenda includes re-appointment of Chairman and Managing Director Dhaval J. Soni, regularisation of Bharat Karsandas Thakkar as Non-Executive Independent Director for five years, and appointment of M/s. HRU & Associates as Secretarial Auditor for five years. A new Company Secretary, Aditi Joshi, was appointed on April 1, 2025.
The return to profitability after a heavy loss year is a positive signal for shareholders, though margins remain thin and exports have declined sharply. No dividend means investors will not receive a payout this year, and the stock could see muted reaction as this is largely a procedural annual report filing.