Annual Report 2024-25 along with Notice of 8th Annual General Meeting.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Promax Power Ltd submitted its 8th Annual Report for FY2024-25 and the AGM notice ahead of the meeting scheduled for September 30, 2025 at 11:00 a.m. in Chandigarh. The company reported its highest-ever operating revenue of ₹66.4 crore, with EBITDA rising sharply to ₹501.65 lakh. Profit Before Tax nearly doubled to ₹312.80 lakh from ₹178.08 lakh, while Net Profit After Tax grew around 70% year-on-year to ₹234.26 lakh. PAT margins improved to 3.5% from 2.27% in the previous year, and over five years revenue expanded roughly 8.5 times. The AGM agenda covers adoption of financial statements, reappointment of Managing Director Vishal Bhardwaj (retiring by rotation), and appointment of M/s Prachi Prajapati & Associates as Secretarial Auditor for a five-year term from FY2025-26 to FY2029-30.
Shareholders will note a record financial year with strong profit growth and improving margins, signalling operational scaling and cost efficiency. The appointment of a new secretarial auditor for a five-year tenure is a routine governance matter and unlikely to materially affect the stock.