BSERaideep Industries LtdMinimalNeutral
Announced Fri, 5 Sept · 19:12 IST

Annual Report of Raideep Industries Limited for the Financial Year 2024-25

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Raideep Industries Limited submitted its 30th Annual Report for FY 2024-25 to BSE and Calcutta Stock Exchange as required under SEBI regulations. Standalone revenue from operations fell to Rs. 22.90 crore from Rs. 25.55 crore last year, and standalone net profit dipped slightly to Rs. 21.53 lakh from Rs. 21.67 lakh, with EPS flat at Rs. 0.39. On a consolidated basis, however, net profit improved to Rs. 1.13 crore from Rs. 1.04 crore, with EPS rising to Rs. 2.05 from Rs. 1.89. The Board has not declared any dividend for the year to conserve funds for future growth. The 30th AGM is scheduled for September 29, 2025, with agenda items including re-appointment of Managing Director Rai Sahib, regularization of two new Independent Directors (Ms. Parul Singh and Ms. Somali Trivedi), and appointment of M/s. Jain P & Associates as Secretarial Auditor for five years. The company also saw Mr. Sumeet Singh Bagga resign as Independent Director during the year.

Likely market impact

This is a routine regulatory filing with no immediate price catalyst. Shareholders should note the weak standalone performance was offset by stronger consolidated earnings, no dividend continues, and two new Independent Directors are up for regularization at the upcoming AGM.